In an exciting development for Pakistan’s aviation industry, a group of prominent business figures from Karachi has announced the launch of a new airline, “Air Karachi.” This venture comes in response to growing dissatisfaction with the service quality of the national carrier, creating a clear opportunity for new players in the market.
“Air Karachi” Registered with SECP
According to reports, the airline’s name, Air Karachi, has officially been registered with the Securities and Exchange Commission of Pakistan (SECP), a crucial step towards its operational launch. This move signals the start of what could be a major shift in the domestic aviation sector.
Airline’s Leadership and Key Shareholders
The leadership of Air Karachi is poised to bring together experienced individuals from both the military and business sectors. Air Vice Marshal Imran, currently serving as the Southern Commander, has been appointed as the CEO of the new airline. His extensive background in aviation will be vital as the airline aims to build a reputation for safety and reliability.
The airline’s key stakeholders include well-known businessmen such as Aqeel Karim Dhedhi, Arif Habib, and S.M. Tanveer, who will hold significant shares in the company. In addition, other prominent investors such as Bashir Jan Muhammad, Khalid Tawab, Zubair Tufail, and Hamza Tabani are also set to become shareholders, strengthening the financial backing and credibility of the airline.
Initial Fleet and Expansion Plans
In its initial phase, Air Karachi plans to lease three aircraft, gradually expanding its fleet as it establishes a foothold in the market. This focused approach will allow the airline to provide a high standard of service while maintaining operational efficiency.
Application for Airline License Pending Approval
The team behind Air Karachi has already submitted an application to the federal government for the airline’s license, and they are hopeful of receiving approval in the coming days. Once granted, Air Karachi is expected to offer a competitive alternative to the existing carriers, addressing concerns over service quality that have plagued the national airline.
Conclusion: A New Era for Aviation in Pakistan
With its experienced leadership, strong financial backing, and strategic approach to fleet management, Air Karachi is set to become a major player in Pakistan’s aviation industry. As the airline seeks government approval, industry watchers are optimistic that it will bring much-needed competition and improved service to domestic air travel.
