Dawn
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02:21 Jan 04, 2026
LAHORE: A constitutional petition has been filed in the Lahore High Court (LHC) challenging the recent privatisation of Pakistan International Airlines (PIA). Filed by Advocate Nabeel Javed Kahloon, the petition seeks to set aside the sale of the national carrier, describing it as illegal and unconstitutional. The Cabinet Committee on Privatisation (CCoP) had endorsed a Rs135 billion bid from an Arif Habib Group-led consortium for a 75 per cent stake in the airline. The winning bid was approximately 35pc higher than the government’s reference price of Rs115bn. The consortium has pledged to invest an additional Rs80bn to Rs125bn into the airline for fleet modernisation and operational restructuring. The petitioner argues that the privatisation process, specifically the Expression of Interest (EOI) published on May 7, 2025 and the subsequent sale on Dec 23 violates the Pakistan International Airlines Corporation (Conversion) Act, 2016. Petitioner says Dec 23 move is in violation of law governing the airline He ...