Air Karachi launched restoring Karachi's historic role in air travel
Pakistan’s aviation landscape
witnessed a significant addition as Air
Karachi, a newly established private airline, officially launched its
operations during a ceremony held at Karachi’s Old Airport — marking a
milestone in restoring the city’s historic role in air travel, ARY News
reported.
Addressing the ceremony, Air Karachi
Chairman Hanif Gohar said the
airline was founded by 42 partners, all sharing a common vision to reestablish
Karachi’s prominence in aviation. “We had pledged to launch an airline under
Karachi’s name, and today that promise has been fulfilled,” Gohar said,
recalling his first application for an airline license in 2006.
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He expressed gratitude to Field Marshal Syed Asim Munir for his efforts in promoting investment and economic revival, noting that Air Karachi reflects the national drive to strengthen domestic industries. Gohar also announced an initial investment of Rs 5 billion, with each shareholder contributing Rs 50 million.
Speaking on the occasion, Secretary of Defense Muhammad Ali
lauded Karachi’s business community for taking the initiative, remarking that
“Karachi’s businessmen have once again brought pride to the nation.” He assured
the government’s full support for private airlines and aviation stakeholders to
foster sustainable sectoral growth.
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The Defense Secretary further shared that Air Karachi’s collaboration with PIA aims to enhance operational efficiency within the national aviation network. The airline has applied for a Regular Public Transport (RPT) license with the Pakistan Civil Aviation Authority (PCAA), pending final federal approval before commencing flight operations.
Registered with the Securities and Exchange Commission of Pakistan
(SECP), Air Karachi plans to begin operations with three leased aircraft. The
airline’s prominent shareholders include Aqeel Karim Dhedhi, Arif Habib, SM
Tanveer, Bashir Jan Muhammad, Khalid Tawab, Zubair Tufail, and Hamza Tabani. Retired
Air Vice Marshal Imran has been appointed as the airline’s Chief Executive
Officer.
Source: Daily Times