Businessman Saad Hashmani has made a surprising announcement, stating that he will purchase Pakistan International Airlines (PIA) and launch a free airline if Ali Sheikhani acquires K-Electric.
Hashmani’s statement comes after Sheikhani, a prominent businessman, expressed interest in acquiring K-Electric, a major power utility company in Pakistan.Hashmani’s proposal is seen as a bold move, aiming to revolutionize the airline industry in Pakistan.
He plans to offer free flights to all passengers, with the airline being sustained through alternative revenue streams such as advertising and sponsorships.
While many have expressed skepticism about the feasibility of a free airline, Hashmani remains confident in his vision.
The potential acquisition of K-Electric by Sheikhani and Hashmani’s subsequent purchase of PIA have sparked intense debate in Pakistan’s business circles.
While some see this as a positive development, others have raised concerns about the implications for the country’s economy and the industries involved.