PIA Privatisation Bidding Results are here. In the first phase, as of 5:30pm on December 23, 2025, the PIA privatisation bidding process remains open, but the Arif Habib Group is currently leading with the highest offer. Unless any other contender revises or increases its bid before the close of the process, the Arif Habib Group is expected to secure the winning position.

Current bids (as of 5:30pm, Dec 23, 2025):
- Arif Habib Group: Rs115.00 billion (highest so far)
- Lucky Cement: Rs101.50 billion
- Air Blue: Rs26.50 billion
These figures are subject to change pending any revised offers, regulatory review, and official confirmation by the government.

