CCP approves new aviation training venture by Fly Jinnah, Air Arabia

News Image

By MG News | March 24, 2025 at 05:28 PM GMT+05:00

0:00

March 24, 2025 (MLN): The Competition Commission of Pakistan (CCP) has approved a joint venture between Fly Jinnah Services (Private) Limited and Air Arabia Academy LLC.

The two companies will set up a new training institute, Fly Jinnah T3 Flight Academy (Private) Limited, to offer aviation training services in Pakistan, according to the press release issued today by CCP. 

The Commission evaluated the pre-merger application submitted by the two parties under the Competition (Merger Control) Regulations, 2016. As per the agreement, both parties will jointly invest in the new company to establish the training institute.

The competition assessment revealed that the transaction is a conglomerate, with no horizontal overlaps between the parties. Fly Jinnah operates in commercial airline services, while Air Arabia Academy is engaged in aviation training in the UAE.

The joint venture, being a full-function entity, is expected to operate independently and enhance the availability and quality of aviation training services in Pakistan.

The CCP’s evaluation concluded that the transaction is unlikely to substantially lessen competition or create a dominant position in the relevant market. Therefore, the merger has been authorized under Section 31(1)(d)(i) of the Act.

This collaboration is anticipated to contribute positively to the aviation sector by strengthening technical training infrastructure and creating opportunities for skill development.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 120,413.23
28.59M
0.34%
410.63
ALLSHR 75,192.86
72.26M
0.40%
300.74
KSE30 36,598.77
5.08M
0.43%
157.04
KMI30 177,794.08
8.45M
0.57%
1000.03
KMIALLSHR 51,573.08
39.88M
0.53%
273.27
BKTi 30,311.55
0.69M
0.59%
179.24
OGTi 26,986.16
0.65M
0.50%
135.25
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 104,570.00 105,345.00
104,005.00
605.00
0.58%
BRENT CRUDE 77.26 77.67
76.72
-1.59
-2.02%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-3.35
-3.67%
ROTTERDAM COAL MONTHLY 103.85 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 74.01 75.74
72.57
0.51
0.69%
SUGAR #11 WORLD 16.35 16.56
16.20
-0.16
-0.97%

Chart of the Day


Latest News
June 20, 2025 at 09:30 AM GMT+05:00

Bank deposit rate falls by 141bps in May


June 20, 2025 at 09:19 AM GMT+05:00

Asia stocks rise amid China data, Israel-Iran tensions


June 20, 2025 at 09:09 AM GMT+05:00

NBP issues foreign exchange rates


June 20, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg