Aviation | Arif Habib Corp

The aviation sector footprint of the Arif Habib Corporation is centered on its landmark acquisition of a controlling stake in Pakistan International Airlines (PIA). The group leads a high-profile consortium driving the privatization, fleet modernization, and operational turnaround of the national carrier.

Major Aviation Milestone

PIA Acquisition: Secured a 75% majority stake and management control of Pakistan International Airlines for Rs135 billion ($482 million) in a televised auction.

Consortium Partners: Includes prominent entities like Fatima Fertilizer, Fauji Fertilizer, AKD Group, Lake City Holdings, and City Schools.

Full Ownership Plans: Moved to acquire the remaining 25% government stake to transition the airline to complete private ownership.

Fleet & Operational Strategy

Fleet Expansion: Plans to scale up the active fleet from roughly 18 aircraft to 38 initially, with a phased target reaching up to 64 aircraft.

Service Revival: Focused on injecting fresh capital, modernizing routes, improving service standards, and returning the national carrier to profitability.

Workforce Commitments: Mandated job security provisions for existing personnel for at least one year while recruiting skilled international-standard aviation talent.

Group companies

Companies in this sector

Pakistan International Airline

An Arif Habib-led consortium acquired a 75% majority stake in Pakistan International Airlines (PIA) for Rs 135 billion in December 2025, and subsequently moved to buy the remaining 25% for Rs 45 billion through a special vehicle named PIA Equity Ltd to secure full private ownership

Visit website

Partner with us

Create lasting impact together

Collaborate with us to unlock opportunities in the Aviation sector.

Contact us