Karachi Business Community Launches Air Karachi with Rs 5 Billion Investment

The business community in Karachi has announced the launch of a new airline, Air Karachi, with an initial investment of Rs 5 billion. The announcement was made by prominent businessman Hanif Gohar during a press conference at the Karachi Press Club on Tuesday, where he was accompanied by S.M. Tanveer, Chairman of the United Business Group.
Air Karachi, which is registered with the Securities and Exchange Commission of Pakistan (SECP), is currently awaiting licensing approval from the federal government.
During his address, Gohar shared that the airline will begin operations with a fleet of three leased aircraft, with plans to expand in the near future. “Inspired by the success of Air Sial, Karachi’s business community has decided to establish its own airline under the name Air Karachi,” Gohar stated. He emphasized that, as Pakistan’s largest economic contributor, Karachi deserves an airline to meet the growing demands of business and travel in the city.
The shareholders of Air Karachi include prominent business figures such as Aqeel Karim Dhedhi, Arif Habib, S.M. Tanveer, Shehryar Tahir, Bashir Jan Muhammad, Khalid Tawab, Zubair Tufail, and Hamza Tabani. Air Vice Marshal Imran Majid Ali has been appointed as the airline’s Chief Executive Officer (CEO).
Gohar expressed optimism that the airline’s licensing would be granted soon, allowing operations to begin. He noted that Air Karachi’s launch is expected to improve connectivity, create employment opportunities, and strengthen Pakistan’s aviation sector.