South Asian Business news and information

Karachi based private airliner, Air Blue has recently singed for a deal of purchasing 8 Airbus A320 aircrafts for over $500 million. With these eight new airbuses, the order for A320 reaches at 14. It is expected that the delivery of the airbuses will begin from July 2009. The airline company is planning to expand its domestic and international networks.

Airblue is now the fastest growing private airline company in Pakistan. The company started its operation in 2004. Airblue is planning to launch its flight in London, Oslo, Bangkok and Lualalumpur etc.

Khaleej Times reported:

Talking to Khaleej Times after signing the contract at Dubai Airshow, Chief Operating Officer of Airblue Shahid Khaqan Abbasi said the airline is investing over one billion dollars on modern planes to expand its domestic and international network.

“We are also evaluating proposals to acquire A350 and 787 Dreamliners for long-haul international routes,” he said.

“We will acquire 4-8 modern planes (A350/787) for long routes depending on the market situation,” he said.

Pakistan economy is getting stronger day by day. Now, what they need is to have a good communication infrastructure in the country. With more and more investment in airline from private sector will contribute positively to the economy of Pakistan. So, government should take this matter seriously and inspire the private companies to invest more in airline sector in Pakistan.

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