Lakson Group, a Pakistani business conglomerate, and Air Arabia Group are forming a joint venture to launch “Fly Jinnah,” Pakistan’s new airline.
The proposed JV will see the establishment of a low-cost passenger airline serving domestic and international routes from Pakistan. Work on securing the Air Operating Certificate (AOC), which allows the airline to start operating, will commence shortly.
Fly Jinnah will initially be based in Karachi serving a range of domestic routes across Pakistan and then will expand its route network internationally. The new carrier will follow the low-cost business model.
“We are excited to partner with Air Arabia in launching Pakistan’s new low-cost carrier. “Fly Jinnah will serve Pakistan’s travel and tourism sector and will play a constructive role in contributing to the nation’s economic growth,” said Iqbal Ali Lakhani, Chairman of Lakson Group. “Air Arabia enjoys a track-record of reliable and efficient operations, and we look forward to working closely towards launching and developing the new airline.”
“We are confident that “Fly Jinnah” will add value to the air transport sector of Pakistan and directly contribute to the local economy through job creation and the development of travel and tourism sector,” Sheikh Abdullah Bin Mohammed Al Thani, Chairman of Air Arabia, said.
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