#Airlines
Total 2 articles
EconomyEN
The Strait That Was Never Closed — Until Now
The US-Israeli war on Iran has pushed oil past $100 a barrel and shut the Strait of Hormuz for the first time in recorded history. Airline stocks are tanking. Your ticket prices are next.
EconomyEN
Pakistan Sells National Airline for $482M in Key IMF-Mandated Privatization
Arif Habib Consortium has won the bid to acquire 75% of Pakistan International Airlines for $482 million. The sale is a key part of the IMF's conditions for a $7 billion loan program and serves as a major test for Pakistan's wider privatization drive.