Tag Archives: debt burden

Analyzing Pakistan International Airlines (PIA)'s Financial Challenges and Restructuring Options

Introduction: Pakistan International Airlines (PIA), once a symbol of national pride, finds itself grappling with an overwhelming financial crisis. Recent reports reveal that PIA’s overall losses are projected to exceed Rs800 billion by the end of the current year, creating a daunting challenge for the airline. In a recent briefing to the prime minister, possible reforms and strategies were discussed …

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