The PIA audit report shows a striking turnaround: Rs11.5 billion in pre-tax profit and Rs6.8 billion net profit for H1 2025 — its first profit in nearly 20 years — amid ongoing privatisation efforts and financial restructuring.
Pakistan International Airlines (PIA) has achieved a major milestone — posting a pre-tax profit of Rs11.5 billion in the first half of 2025, its first such profit in nearly 20 years. Reuters+1 The net profit for the same period was Rs6.8 billion. The Express Tribune+1
This turnaround comes as Islamabad pushes forward with plans to privatise the national airline, PIA Audit Report a key condition of Pakistan’s $7 billion bailout deal with the IMF. Reuters+1 Analysts credit the decline in financing costs — aided by the government taking on about 80% of PIA’s legacy debt — as a crucial factor in restoring profitability. Reuters+1 Despite gains, PIA still faces challenges: rising fuel and service costs as well as negative equity remain concerns. Reuters+1
Read more from diginews.pk
