By our correspondent
ISLAMABAD: The Privatization Commission has officially extended the deadline for submitting expressions of interest (EOIs) for the acquisition of Pakistan’s national airline, granting prospective bidders an additional 15 days. According to a notification issued by the commission, the new deadline is now set for June 19, replacing the earlier cut-off date of June 3.
The decision comes in light of the upcoming Eid holidays, which were expected to disrupt regular business activities and limit the time available for stakeholders to complete necessary documentation and internal approvals. The commission emphasized that all other terms and conditions related to the airline’s privatization remain unchanged, and the process will continue as previously outlined.
This extension is likely to be welcomed by local and international investors who have shown interest in the financially burdened but strategically significant airline. The move also indicates the government’s intent to ensure a transparent and competitive process, avoiding any procedural haste that could raise concerns among bidders or observers.
