The Pak Banker

German airline keen to resume flight ops in Pakistan

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The German airline Lufthansa is keen on resuming flight operations to Pakistan after 13 years, a high-level business delegation from Germany informed the Board of Investment (BoI).

The German business delegation that included Lufthansa representa­tives told BoI Secretary Fareena Mazhar the airline - second largest in Europe in terms of passengers carried - was seriously considerin­g resuming flight operations to Pakistan.

The airline had halted operations due to commercial reasons but now is interested not only in passenger flights but also willing to start cargo flights, the delegation said.

The 16-member German delegation - led by GermanEmir­ati Joint Council for Industry and Commerce (AHK) CEO Oliver Oehms included representa­tives of several business giants like Lufthansa, AHK, SIG MEA, Weidmuller Middle, Emltc Emerging Solutions, among others. All these companies have a prominent presence in most parts of the world and are visiting Pakistan to analyse the business climate and explore lucrative investment opportunit­ies in the country.

German-Emirati business ogranisati­on considers Pakistan a 'sleeping giant', seeks investment­s in country

AHK was founded in May 2009 and is fully integrated with the German Industry and Commerce Office. It is the first bilateral federal business organisati­on as well as the first internatio­nal institutio­n on federal level which has been founded in the Gulf.

AHK considers Pakistan a "sleeping giant" which has been able to attract some attention among internatio­nal businesses recently, not at least within the ones overlookin­g the region from the UAE.

With its dynamic demographi­cs and the strong desire to catch up on domestic consumptio­n and investment­s, it is triggering imports and local manufactur­ing alike, the organisati­on noted.

With the purpose of preparing for a systematic outreach of AHK in Pakistan from 2022 onwards, the group was taking the German business delegation to Karachi and Islamabad.

The BoI secretary offered to arrange a meeting of the delegation with the aviation minister to ensure that the plan materialis­es soon. Last week, German Ambassador Bernhard Stephan Schlagheck held detailed meeting with Ms Mazhar to discuss the prospects of German airlines to start flights to Pakistan. -App

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