Supreme Court's constitutional bench has rescinded its earlier order to halt the privatization of Pakistan International Airlines (PIA).
During the hearing on the PIA privatization case, Justice Jamal Khan Mandokhail remarked that the court has confidence in the government and expects the privatization process to be carried out effectively and properly.
The Additional Attorney General informed the court that while the PIA administration was previously allowed to hire new professionals, the process was delayed due to the ongoing privatization plans. However, the privatization process is now set to resume.
Additionally, the court lifted the ban on PIA's flight operations. Justice Mandokhail clarified that the Supreme Court had instructed the government to consult the court before proceeding with privatization, asking if the government was adhering to the court’s order.
In response, the Additional Attorney General confirmed that a request had been made to the court to involve it in the process of privatization. Justice Aminuddin Khan noted that the privatization of PIA may now fetch a higher value.