Most have applauded the announcement of privatisation. One user sarcastically tweeted to give PIA to the army, 'they are looking to occupy everything that Pakistan has'.
The US Transportation Department earlier this month separately notified PIA it was halting all operations after Pakistan said that 262 of its pilots had fake certificates.
PIA has been wracked by years of financial losses and on 22 May suffered a fatal crash in which 98 people died after pilots tried to touchdown without lowering the landing gear.
After abrupt descent that unnerved air-traffic controllers, crew of PIA jet briefly put it on runway with wheels still up, grinding along on its two engines.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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