KARACHI: Air Karachi, Pakistan’s new private airline in the making, has engaged the Commercial Aircraft Corporation of China (COMAC) for the supply of airliners to start its flight operations, the group chairman Hanif Gohar told Arab News on Friday.
Spearheaded by a group of leading businessmen from Pakistan’s southern port city, the airline is also negotiating with global aerospace giants like Boeing and Airbus for the acquisition of at least three passenger aircraft. It was launched in November 2024 by 100 stakeholders with Rs5 billion ($17.6 million) in seed money.
“We are talking with COMAC regarding the 919, as well as with Boeing and Airbus, to acquire the aircraft,” Gohar said, referring to a narrow-body passenger jet developed by China.
Business leaders in the South Asian nation have stepped up to fill the gap as the state-run Pakistan International Airlines (PIA) has become a liability for the cash-strapped government, which is now making a second attempt to privatize the national carrier.
“We will start our flight operations as soon as we reach an agreement with any of the suppliers, whoever comes first,” Gohar said when asked about the timeline to start operations.
Gohar, a business tycoon himself, expects a deal within the next month.
He said Air Karachi would initially fly three aircraft domestically, and the fleet would later be expanded with four more planes to start international flights within a year.
The idea to launch a business-backed airline was conceived to develop an entity that can operate with efficiency and financial autonomy amid growing challenges faced by PIA.
Last month, Air Karachi received its Regular Public Transport (RPT) license from Pakistan’s Civil Aviation Authority.
The airline has been modeled after the success of Air Sial, another private carrier launched by industrialists in Sialkot, the manufacturing hub of Pakistan’s exportable sports and surgical goods.