Top businessmen launch “Air Karachi” with Rs5bn investment

Top businessmen launch “Air Karachi” with Rs5bn investment

November 29, 2024 (MLN): In a transformational initiative for Pakistan's aviation industry, top businessmen have formed a strategic alliance to launch the much-needed world-class airline for Pakistan, named Air Karachi, with an initial seed investment of Rs5 billion. The mega-venture’s Head Office is based in Karachi and is a joint effort by prominent business leaders and corporate investors, including FPCCI President Atif Ikram Sheikh, who is a…

Rs5 Billion seed investment marks start of New Pakistani Airline 'Air Karachi' - Pakistan Observer

KARACHI – A strategic alliance of top business leaders has come together to launch a world-class airline, Air Karachi, an airline, which will have its headquarters in the country’s financial hub Karachi, with aim to fill the significant gap in Pakistan’s commercial aviation sector. Air Karachi initiative is backed by a group of influential corporate investors, including FPCCI President Mr. Atif Ikram Sheikh, who is a key shareholder in the ventu…

Karachi’s business tycoons launch ‘Air Karachi’ with Rs 5 billion investment - Islamabad Scene

The business community of Karachi has announced the launch of a new airline Air Karachi, with a promising initial investment of Rs 5 billion. The post Karachi’s business tycoons launch ‘Air Karachi’ with Rs 5 billion investment appeared first on Islamabad Scene.