The world's best travel airlines have become a boon for buyers and sellers

• The world's best travel airlines have become a boon for buyers and sellers.

The privatization of Pakistan International Airlines, which was once the world's most successful and today's world's leading airline, famous for its 'perfect people, amazing flight', became a disaster for the time. Done on November 1. In which only one company participated in the bidding which was seen live on the official TV channel. The government of Pakistan had fixed the minimum price of PIA at 85 billion 3 crore rupees. While a private company had bid for 60% of PIA's shares for only Rs 10 billion. After which the private company was given half an hour to evaluate the offer, but the bidder accepted for Rs 10 billion. Denied the increase. The matter will now be placed before the Privatization Board and then the Cabinet Committee on Privatization. According to Privatization Commission sources, the Privatization Commission has agreed on the main aspects of the contract with the private company. In which PIA employees will be employed for 18 months, after which about 70 percent of the employees will be offered new job letters. number will be increased to 45, PIA will resume its services on all routes. Khyber Pakhtunkhwa government also wanted to buy PIA after a very low bid of 10 billion rupees was received by PIA's private company. In this regard, a letter was written to the Federal Ministry of Privatization on behalf of the Khyber Pakhtunkhwa Board of Investment. Khyber Pakhtunkhwa Government's Board of Investment has expressed its desire to be a part of the process of privatization of Pakistan International Airlines on behalf of Chief Minister Ali Amin Gandapur and said that we want to acquire the national airline by paying more than the bid of 10 billion rupees. In a letter from the Khyber Pakhtunkhwa Board of Investment to the Federal Ministry of Privatization, it has been said that PIA is a national asset and national identity and the Chief Minister wants to be a part of the privatization process of PIA on behalf of Khyber Pakhtunkhwa. The letter states that we will not let this national capital go to any domestic or foreign private company, we want to get it by giving more than the bid of 10 billion. The letter from the Khyber Pakhtunkhwa Board of Investment has said that we want the national institutions to remain in government custody. It should be noted that a ceremony was held yesterday in Islamabad to open the bid of Blue World City Consortium for the privatization of PI. Where the sole bidder had bid only Rs 10 billion for 60% shares of PIA. PIA's assets are valued at Rs 152 billion, so the privatization authorities were taken aback and upset by the bid.