Overview
- PIA will relaunch Islamabad–London service after six years with four flights per week from March 29, operating into Heathrow Terminal 4.
- The carrier has already reinstated Islamabad–Manchester and is flying three times weekly on that route.
- A consortium led by Arif Habib bought 75% of PIA for Rs135 billion in what officials describe as a major step in the airline’s turnaround.
- Under the deal, Rs10.2 billion goes to the government and the remainder is earmarked for direct investment in PIA to fund modernization and restructuring.
- PIA has secured four weekly slots at Heathrow and formally notified the airport of the restart, while the new owners outline phased growth to a 64-aircraft fleet and Fauji Fertiliser joins the consortium’s management structure.