Islamabad: Air Arabia launched another joint venture on Friday, this time with the Lakson Group, one of Pakistan’s largest commercial empires, to create a low-cost airline named “Fly Jinnah.” The planned joint venture would establish a low-cost carrier that will serve Pakistan’s 220 million people on domestic and international routes.
The process of obtaining an air operating certificate (AOC), which permits the airline to begin operations, will begin soon. Details on the launch date, fleet, and destination network will be released as soon as they are available.
According to aviation insiders, the new airline will take off early next year after receiving all necessary regulatory permissions. After SereneAir and Air Sial, Fly Jinnah will be the third airline to enter Pakistan’s burgeoning aviation industry. Alvir Airways was also granted permission to fly domestically in the nation.
Pakistan International Airlines is the country’s only publicly traded airline, whereas airblue is the private sector’s oldest operating airline. Jet Green Airline and Q-Airlines are also working to obtain an AOC certificate from Pakistan’s Civil Aviation Authority.
According to a release, “Fly Jinnah will fulfil the strategic goal of Pakistan’s travel and tourism sector, contributing to the country’s economic growth and job creation while offering Pakistanis with dependable and cost-effective air travel.”