Karachi's business community announces launch of new airline

Request for a licence for 'Air Karachi' sent to govt; three aircrafts to be leased in the first phase of operations


News Desk November 26, 2024 Less than a minute read

Karachi's business community has unveiled plans for the launch of a new airline, 'Air Karachi,' with the company already registered with the Securities and Exchange Commission of Pakistan (SECP), Express News reported.

Hanif Goher, former Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), shared the details during a media briefing.

He confirmed that the federal government has been sent a request for a licence for the new airline, and that in the first phase, three aircrafts will be leased for the airline's operations. "The licence for 'Air Karachi' is expected to be granted in the coming days," Goher said.

He also announced that Air Vice Marshal Imran, Southern Commander, has been appointed as the CEO of the airline while notable businessmen, including Aqeel Karim Dhedhi, Arif Habib, and SM Tanveer will be shareholders in the company.

Additionally, Bashir Jan Mohammad, Khalid Towab, Zubair Tufail, and Hamza Tabani are also listed as stakeholders in the airline. 'Air Karachi' is set to begin operations with an investment of Rs5 billion, with each shareholder contributing Rs50 million.

COMMENTS (10)

Rizqan Yaseen | 7 months ago | Reply Congratulation business Community . I salute the business community. They have taken the best step. Insha Allah Air Karachi will be very successfull. wish you best of luck . Mr aqeel kareem dhedi sahab . Arif habib sahab . S.M. Tanveer sahab . bashir jan muhammad sahab . khalid tawwab sahab . Zubair tufail sahab . hamza tabani sahab .
Ghulam Raza | 7 months ago | Reply Good decision.
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