ISLAMABAD – Defence Minister Khawaja Muhammad Asif announced on July 16 that major restoration efforts are in motion for Pakistan International Airlines (PIA), aimed at positioning the airline for successful privatization and expansion on international routes.

According to Asif, work is already underway to reinstate the airline’s New York route—a move he described as part of broader strategic efforts led by Prime Minister Shehbaz Sharif. “We are completing all essential processes first to increase the airline’s market value,” Asif stated, noting that aviation regulators have been consulted to smooth future approvals.

Once privatized, PIA is expected to acquire new aircraft and resume international expansion, easing travel for overseas Pakistanis by reducing both time and cost. Asif praised the role of the Civil Aviation Authority and acknowledged his predecessor Khawaja Saad Rafique for aviation reforms. He emphasized that returning direct routes to Europe and North America will enhance the airline’s global worth.

This announcement follows key milestones:

  • Earlier this year, PIA reported an operating profit of PKR 9.3 billion and a net profit of PKR 26.2 billion for fiscal year 2024—the first profitable year in over two decades—thanks to debt relief and cost-cutting reforms.

  • Direct international routes have already been revived, including Islamabad–Paris and several regional connections such as Gwadar–Muscat, Quetta–Jeddah, and Lahore–Kuwait.

✅ What It Means for Travelers and the Industry

  • Route Resumption: Travelers can soon anticipate direct flights to major hubs like New York, London, and Manchester.

  • Privatization Drive: With improved finances and renewed international connectivity, PIA becomes a more attractive asset for bidders.

  • Industry Infrastructure: Improved CAA oversight and regulatory compliance aim to ensure sustainable growth and competitiveness.

Bottom Line: Pakistan is strategically repositioning PIA by reviving global routes, restoring its reputation, and preparing the airline for successful privatization. These moves have injected new optimism into the national carrier’s future and the country’s aviation sector.