Lakson Group, one of Pakistan’s leading business conglomerates, and Air Arabia Group, the Middle East and North Africa’s first and largest low-cost carrier (LCC) operator, have announced their decision to form of 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.
“Fly Jinnah” will serve the strategic vision of Pakistan’s travel and tourism sector and contribute to the country’s economic growth and job creation, while providing Pakistanis with reliable and value for money air travel.
Iqbal Ali Lakhani, Chairman of Lakson Group, said: “We are excited to partner with Air Arabia in launching Pakistan’s new low-cost carrier.”
Sheikh Abdullah Bin Mohammed Al Thani, Chairman of Air Arabia, said: “We are delighted at Air Arabia Group to partner with Lakson Group on this joint venture to launch Pakistan’s new low-cost carrier.”
“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 and provide its customer base with a reliable operation and value-driven product.
