Serene Air confirms closure of operations in Pakistan

 

Serene Air has sold its vehicles and other marketable assets through vendors

Serene Air winding down offices in Pakistan

Serene Air has confirmed the closure of its operations and business activities in Pakistan, with the airline winding down its offices at airports and in cities across the country, according to aviation sources.

Sources said the airline’s Chinese chief executive visited Pakistan last month and held meetings with senior officials of relevant institutions. During those discussions, a decision was reportedly finalized to discontinue the airline’s operations and dispose of its remaining assets in Pakistan.

The airline has also informed its employees through email to collect their personal belongings as its offices were being vacated.

 

Read More             Serene Air’s operating licence suspended over safety non-compliance and fleet shortage



According to aviation sources, Serene Air has sold its vehicles and other marketable assets through vendors, while its airport offices have been handed over to the Civil Aviation Authority.

Sources further said the airline has cleared its outstanding liabilities, including dues, taxes, rents and other payments owed to government departments and relevant institutions.

The developments mark the final stage of Serene Air’s withdrawal from the Pakistani aviation market.

Source: MM News

Post a Comment

Previous Post Next Post