Twelve properties owned by Pakistan International Airlines (PIA), located in Pakistan and abroad, are set to be transferred to a successful private consortium as part of the airline’s ongoing privatization process, according to official documents.

The assets are included in a broader government divestment plan aimed at restructuring the loss-making national carrier and improving its financial position.

The portfolio consists of both commercial and residential properties across the United States, the Netherlands, India, and Pakistan, with detailed valuation figures outlined in official records.

Overseas, the United States asset includes a residential property valued at $1.935 million. In the Netherlands, PIA’s Amsterdam sales office is assessed at €2.105 million, while the residence of the country manager is valued at €767,000. In India, the package includes a residential property worth Rs112.5 million and a New Delhi sales office valued at more than Rs121.9 million.

Within Pakistan, major properties include the Islamabad sales office valued at Rs2.68 billion, the Rawalpindi booking office at Rs2.55 billion, the Peshawar sales office at Rs5.56 billion, and the Quetta sales office valued at around Rs916 million.

The transfer forms part of the privatization roadmap of Pakistan International Airlines as the government proceeds with asset disposal under its restructuring strategy.