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Air Indus Aiming To Fly Into International Skies - 23-05-2015
Air Indus Aiming To Fly Into International Skies - 23-05-2015
skies
KARACHI: After a tumultuous journey that landed Air
Indus into a situation where its future looked bleak, the
domestic carrier is now in talks to lease three Airbus 320s
to bolster its operation, officials have said.
Efforts to expand the size of its fleet from two to five aircraft comes as
the airline aims to seek permission to operate on international routes
after flying domestically since mid-2013.
“We had already met the Civil Aviation Authority’s (CAA) requirement
of operating on domestic routes for a year before going international,”
said Javed Akhter, a senior official of the airline.
“But for that we needed to have at least five aircraft. Now we are in talks
with an owner of A-320s to dry lease them.”
Tale of mismanagement
Its fleet of three Boeing 737-300s has an average age of over 20 years –
something which the new aviation policy does not allow.
Air Indus aiming to fly into international
skies
Then, one of its aircraft was severely damaged in the 2014 attack on
Karachi airport. The company, which owned the aircraft, went bankrupt
and it was never repaired and inducted again.
“We tried using jets on wet lease but that’s a very expensive proposition
and CAA doesn’t allow them to be in the fleet for more than three
months,” said Akhter.
A senior CAA official said that the regulator has given a two-year grace
period to Air Indus and other airlines, allowing them to use old aircraft
for the interim period.
Pakistan’s aviation industry has seen too many prospectors trying their
luck with airline business. Most of the airlines have gone bankrupt,
often to the embarrassment of highflying investors.
In recent years, Rayyan Air, Vision Air and Fly Pakistan Air also applied
for commercial air transport license besides Air Indus, but none of
these airlines have taken off yet.
Air Indus aiming to fly into international
skies
Bleak aviation industry
More than 20 licences were issued to airliners but none except for
Shaheen Air has survived. Bhoja Air resurfaced under a new
management a few years back but it has also been permanently
grounded after a devastating air crash.
Despite a discouraging history, industry people say the sheer size of the
country’s population is enough of a reason for investors to jump into
the capital-intensive airline business.