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Pak Ethanol Forms International Consortium to Revitalize Pakistan International Airlines


Pak Ethanol (Private) Limited is excited to announce the formation of a groundbreaking national consortium in partnership with leading international aviation groups to bid for Pakistan International Airlines (PIA).

Pak Ethanol (Private) Limited, based in Pakistan, will co-lead this consortium with the following esteemed 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 (AirAsia Aviation Group) – Malaysia

This strategic partnership highlights our commitment to boosting the nation’s economic growth and rejuvenating its aviation industry by blending local expertise with global best practices.

Pak Ethanol believes that the key to transforming Pakistan International Airlines lies in a collaborative approach rooted in national spirit. By uniting the best minds and resources from Pakistan and around the world, we demonstrate our dedication to a unified effort aimed at achieving a common goal. This consortium epitomizes teamwork and national pride, reflecting a shared vision for PIA’s future.

Our consortium plans to leverage the combined strengths of local and international partners, ensuring a comprehensive strategy for PIA’s turnaround. The involvement of international aviation experts will bring cutting-edge insights and innovative solutions, while the national partners will ensure that the revitalized PIA remains closely aligned with Pakistan’s cultural and economic interests.

We are confident that this unique blend of national and international collaboration will enable us to restore PIA to its former glory, ensuring it remains a symbol of national pride and a leader in the global aviation market.

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