Karachi, May 18, 2024
Pak Ethanol (Private) Limited is excited to announce the creation of a national consortium in partnership with leading international aviation groups to bid for Pakistan International Airlines (PIA).
Pak Ethanol is co-leading this initiative with a diverse group of consortium members:
- Serene Air (Private) Limited – Pakistan
- Air Sial Limited – Pakistan
- AsiaPak Investments Limited – Hong Kong
- Swiss Aviation Group AG – Switzerland
- Airport Competence – Austria
- Pearl Asset Management PTY Limited – Australia
- Capital A Consultancy (Air Asia Aviation Group) – Malaysia
This strategic alliance underscores our dedication to boosting Pakistan’s economic growth and rejuvenating its aviation industry by blending local expertise with global best practices.
Pak Ethanol believes that the revival of PIA hinges on a collaborative approach rooted in national pride. By uniting top talent and resources from both Pakistan and around the world, we demonstrate our commitment to a unified effort towards a shared goal. This consortium epitomizes teamwork and national pride, embodying a shared vision for PIA’s future.
Our consortium aims to leverage the combined strengths of local and international partners, ensuring a comprehensive strategy for PIA’s revitalization. The involvement of global aviation experts will bring cutting-edge insights and innovative solutions, while local partners will ensure the renewed PIA remains deeply connected with Pakistan’s cultural and economic interests.
We are confident that this unique mix of national and international collaboration will restore PIA to its former glory, ensuring it remains a symbol of national pride and a leader in the global aviation market.
