“Pakistan International Airlines (PIA) has received a single bid of Rs10 billion for the sale of a significant stake in the airline. The bid is part of PIA’s broader strategy to restructure and improve financial stability as it faces significant debt and operational challenges. This bid comes amid government efforts to privatize struggling state-owned entities to reduce financial burdens and enhance efficiency. However, receiving only one bid may raise questions about investor interest and market confidence in PIA’s potential for growth and profitability. The outcome of this bid could determine the future direction of PIA and its efforts to return to profitability.”