From Launching Emirates to Begging for Buyers: The Mysterious Collapse of PIA
John
English
College Students
Concise
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Summary
Pakistan International Airlines (PIA) once thrived as a leading airline, but has faced a continuous decline over the past 20 years. Factors include mismanagement, nationalization, and competition from Emirates. PIA's financial losses have escalated, leading to a desperate situation where it struggles for buyers, highlighting a stark contrast to its former glory.