Latest news with #PakistanAirlines
Al Arabiya
27-05-2025
- Business
- Al Arabiya
Pakistan extends deadline to bid for national airline to June 19
Pakistan has extended the deadline for expressions of interest in purchasing Pakistan International Airlines to June 19, the country's privatization ministry said on Tuesday. The earlier deadline was June 3. The ministry did not provide any reason for the extension and it did not disclose whether any expressions of interest had been submitted so far. Pakistan has been seeking to sell a 51 percent to 100 percent stake in the debt-ridden carrier to raise funds and reform cash-draining state-owned enterprises as envisaged under a $7 billion International Monetary Fund program. Its failed attempt to privatize Pakistan International Airlines last year received a single offer well below the asking price of more than $300 million. Pakistan has shifted almost all of the national carrier's legacy debt and liabilities to government books after issues raised by bidders led to the failure of the last privatization attempt. In April, the airline said it reported its first annual profit in more than two decades.
Hindustan Times
05-05-2025
- Politics
- Hindustan Times
PM Shehbaz Sharif lauds Pakistan's second missile test amid tensions with India: 'Defence in strong hands'
Pakistan's Prime Minister Shehbaz Sharif on Monday said the country's defence is in "strong hands" after its military conducted a second missile test amid tensions with India. "The successful training launch clearly shows that Pakistan's defence is in strong hands," the prime minister said in a statement, according to AFP news agency. Shehbaz Sharif added that that he was satisfied with the army's "full preparedness for national defence". Pakistan on Monday test-fired a surface-to-surface missile with a range of 120 kilometres as part of the ongoing exercise INDUS, the country's military said. 'The launch was aimed at ensuring the operational readiness of troops and validating key technical parameters, including the missile's advanced navigation system and enhanced accuracy,' the military said in a statement. Also Read | India cuts off water flow to Pakistan from dam on river Chenab This is the second such test since Saturday, when the Pakistani armed forces tested the Abdali ballistic missile defence system, which has a range of 450km. Indian authorities said that Islamabad's plan to test a ballistic missile was a 'reckless act of provocation'. Tensions between India and Pakistan have escalated over the Pahalgam terror attack that killed 26 persons, mostly tourists, in Jammu and Kashmir on April 22. The assault is one of the deadliest terror attacks in Jammu and Kashmir since the 2019 Pulwama bombing. India has vowed to hunt down the perpetrators of the attack. India has announced a raft of punitive measures against Pakistan, including suspension of the Indus Waters Treaty, shutting down of the land border crossing at Attari and downgrading of diplomatic ties. Also Read | 'My duty to act, what you desire will happen': Defence minister's assurance on Pahalgam attack retaliation The Indian government also cancelled all types of visas granted to Pakistani nationals and ordered them to leave by April 30. India also closed its airspace for flights operated by Pakistan Airlines. In retaliation, Pakistan announced the suspension of all trade with India, including to and from any third country through Pakistan and barred Indian airlines from using its airspace. Pakistani forces have also been violating ceasefire along the border continuously since the last 10 days. Prime Minister Narendra Modi has held several high-profile meetings with top government officials and military leaders since April 22. Last month, Modi said at a key security meeting that the armed forces have full operational freedom to determine the mode, targets, and timing of India's response to the attack.
United News of India
01-05-2025
- Politics
- United News of India
India closes its airspace to all Pak aircraft
New Delhi, Apr 30 (UNI) India on Wednesday closed its airspace to all aircraft leased, registered or operated by Pakistan, in further escalation of the tension between the two neighbours in the backdrop of the April 22 Pahalgam terror strike. The closure, covering both commercial airlines and military flights of the neighbouring nation, would be effective from April 30 to May 23, as per a Notice to Airmen (NOTAM) issued by New Delhi. "Indian airspace not avbl for Pakistan registered ACFT and ACFT operated/owned or leased by Pakistan Airlines/operators including military flights," read the NOTAM The move came six days after Pakistan announced its decision to close its airspace to Indian aircraft. On April 22, 26 people - most of them tourists - were gunned down by terrorists in Baisaran valley of Pahalgam in Jammu and Kashmir. Following the gruesome incident, India and Pakistan have held in abeyance vital treaties, downscaled diplomatic missions and deported each others' citizens. UNI SSP
Hindustan Times
01-05-2025
- Politics
- Hindustan Times
Pahalgam attack news live updates: US urges calm, India shuts airspace to Pakistan
Pahalgam attack news live updates: Pakistan army spokesman Lt Gen Ahmed Sharif Chaudhry and Foreign Office spokesperson Shafqat Ali Khan, Dar demanded an independent and transparent probe by neutral investigators in the Pahalgam attack. Pahalgam attack news live updates: Indian security personnel inspect the site of a militant attack on tourists. Pahalgam attack news live updates: The United States urged both India and Pakistan to de-escalate tensions and reaffirmed its commitment to cooperate with Delhi against terrorism. The country also called for Islamabad's cooperation in investigating the deadly Pahalgam terror attack, which claimed 26 lives in Kashmir on April 22. US Secretary of State Marco Rubio spoke separately with External affairs minister Jaishankar and Pakistan Prime Minister Shehbaz Sharif on Wednesday. ...Read More Meanwhile, in a fresh retaliatory move amid escalating tensions, India on Wednesday closed its airspace for flights operated by Pakistan Airlines following the Pahalgam terror attack. The Indian airspace will not be available for the aircraft registered in Pakistan, as well as for planes operated, owned or leased by Pakistan airlines and operators. Also, the ban will be applicable to the military aircraft of Pakistan as well, a senior government official said. Jammu and Kashmir Lieutenant Governor (LG) Manoj Sinha also chaired a high-level meeting with senior officials to review the prevailing security scenario in the union territory. In the meeting, Sinha directed for strong and coordinated measures to wipe out terrorism completely and its entire ecosystem from Jammu and Kashmir. Pahalgam terror attack news: Top Updates US Secretary Marco Rubio spoke with Indian External Affairs Minister S Jaishankar to express his sorrow for the lives lost in the horrific terrorist attack in Pahalgam and reaffirmed the United States' commitment to cooperation with India against terrorism. Rubio also called on Pakistan to condemn the attack and cooperate with the investigation efforts. Jammu and Kashmir Lieutenant Governor (LG) Manoj Sinha on Wednesday chaired a high-level security review meeting. India has closed its airspace to all aircraft registered in Pakistan and those operated by Pakistani airlines, according to the Ministry of Civil Aviation (MoCA). American lawmaker Rich McCormick strongly condemned the heinous terror attack which took place in Pahalgam on April 22 and highlighted how US President Donald Trump had taken a hard stance on terrorism in this regard. BSF troops along the India-Bangladesh border in Meghalaya frontier are on high alert, a senior BSF officer said on Wednesday. Pakistan on Wednesday said it has nothing to do with the Pahalgam terror attack and threatened a strong response if it is "provoked", amid rising tensions with India. Earlier, their Information Minister Attaullah Tarar warned of a possible military action by India in 24-36 hours. The Allahabad High Court will on Friday hear a petition filed against Congress leader Priyanka Gandhi Vadra's husband, Robert Vadra, over his remarks on the Pahalgam terror attack. Follow all the updates here: May 1, 2025 6:04 AM IST US Secretary Marco Rubio spoke with Indian External Affairs Minister S Jaishankar to express his sorrow for the lives lost in the horrific terrorist attack in Pahalgam and reaffirmed the United States' commitment to cooperation with India against terrorism.
