Pakistan’s Lakson Group and Middle Eastern budget carrier Air Arabia said on Friday they would launch a low-cost airline serving domestic and international routes from Pakistan.
The new carrier, Fly Jinnah, will operate as a joint venture between the pair, they said in a statement, adopting the low-cost model operated by Air Arabia.
The statement said the new airline would help Pakistan’s travel and tourism sector and contribute to the country’s economic growth and job creation.
The Lakson Group is a major business conglomerate in Pakistan with interests across the insurance, food, media industries along with others. It was established in 1954, and owns/ operates over 15 companies in Pakistan.