Economy

Karachi businessmen announce new airline ‘Air Karachi’

KARACHI: According to the reports, Karachi businessmen have announced the establishment of a new airline called ‘Air Karachi’, here on Tuesday.

As per the details, negotiations are underway with the Securities and Exchange Commission of Pakistan (SECP) and ‘Air Karachi’ has been registered.

The businessmen, including Aqeel Karim Dhedhi and Arif Habib, are jointly implementing the airline. Air Vice Marshal Muhammad Imran has been appointed as the CEO of Air Karachi.

Read More: SECP Simplifies Disclosure Requirements for Life Insurance and Takaful Products

The new venture aims to expand air travel options in the region and is expected to contribute to the local economy. More details about the launch and operation of the airline are expected in the coming months.

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