Pakistan, May 5 -- The consortium led by Arif Habib Corporation has notified the Privatisation Commission to acquire the remaining 25% stake in Pakistan International Airlines, with management control of the national carrier expected to be transferred by May 25, 2026. In a notice to the Pakistan Stock Exchange on Monday, the airline said the consortium notified the Privatisation Commission of its intent to acquire the remaining equity stake in Pakistan International Airlines Corporation Limited (PIACL), paving the way for full private-sector ownership of the national carrier. "The management control is expected to be transferred on or before May 25, 2026, the 'first closing date' announced by the Privatisation Commission, subject to the f...