Oversees Pakistani group Al Nihang offers to acquire debtridden Pakistan's national airlines

Al-Nihang, a Pakistani group based overseas, has submitted a bid of PKR 100 billion to acquire Pakistan International Airlines (PIA). The offer includes paying off PIA's debt, a 100% salary increase for employees, and modernizing the airline's fleet. This comes after both the Khyber Pakhtunkhwa and Punjab governments expressed interest in acquiring the struggling airline.