Britain has lifted a five-year ban on Pakistani airlines, allowing them to apply to resume UK flights just as Islamabad steps up efforts to privatize its national carrier, Pakistan International Airlines.
Breakdown
- Britain has ended its five-year ban on Pakistani airlines, allowing them to apply to resume UK flights.
- The ban was originally imposed after a 2020 PIA crash and concerns over pilot licenses. 27s
- PIA has faced major financial losses and accumulated $2.5 billion in debt. 41s
- Pakistan is moving to privatize PIA, with four parties approved to bid for a majority stake. 1m 16s
- Resuming UK routes is expected to boost PIA's value before privatization and help meet IMF bailout conditions. 1m 29s