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Articles for tag: aircraft, Arif, billion, expand, fleet, Habib, joint, PIAs, plans, takeover, venture

December 25, 2025

News Desk

Arif Habib joint venture plans to expand PIA’s fleet to 64 aircraft after Rs 135 billion takeover

A Pakistan International Airlines (PIA) plane prepares to take off at the Alama Iqbal International Airport in Lahore. — Reuters/File Habib confirms that Fauji Fertilizer has also joined the joint venture. Adding the remaining 25% stake will bring Rs 45 billion to the fund. The government expects to have an airline operating under a new owner by April 2026. Arif Habib, founder of one of Pakistan’s leading business conglomerates, said on Wednesday his joint venture plans to expand the fleet of Pakistan International Airlines (PIA) to 64 aircraft in phases after acquiring a majority stake under the government’s privatization process.

November 30, 2025

News Desk

Ukraine strikes two Russian “shadow fleet” tankers with drones in the Black Sea

Oil tankers bound for Russia’s major Black Sea oil terminal at Novorossiysk were empty Ukrainian navy drones struck two tankers in the Black Sea as they headed to a Russian port to load oil destined for foreign markets, an official said on Saturday, as Kiev tries to put pressure on Russia’s massive oil industry. The two oil tankers identified as Kairos and Virat were empty and headed for Novorossiysk, a major Russian oil terminal on the Black Sea, the Security Service of Ukraine official told Reuters. Navy drones can be seen speeding toward large tankers followed by loud explosions that

December 9, 2024

News Desk

India is strengthening its naval fleet with a new Russian-built warship

This handout photo taken on Dec. 9, 2024 shows Navy personnel gathered during the commissioning ceremony of India’s latest stealth guided missile frigate INS Tushil, in the Baltic port of Kaliningrad. — AFP / Indian Ministry of Defence India’s defense minister attended the commissioning of his country’s latest naval vessel at a Russian shipyard on Monday, hailing it as a “significant milestone” in ties with a longtime defense ally. India’s Defense Minister Rajnath Singh attended the commissioning ceremony of the country’s latest multipurpose stealth guided missile frigate, INS Tushil, at the Baltic port of Kaliningrad. “The ship is a proud

What’s inside Jeff Bezos’ $149 million fleet of private jets?

Jeff Bezos has three expensive jets and a helicopter that he often rides with Lauren Sanchez. — Wijet Amazon founder Jeff Bezos is one of the five richest people in the world and is known for traveling in style, often seen flaunting his luxurious collection of superyachts. The billionaire, worth $206 billion, owns the $500 million megayacht Koru, the world’s largest sailing yacht which he is often seen sailing with his fiancee Lauren Sanchez. But that is not all. According Luxury launchesBezos also owns an impressive $149 million fleet of private jets, including two Gulfstream G650ERs worth nearly $65 million

February 23, 2024

News Desk

Ukraine hits Russian surveillance fleet with A-50 downing

Ukrainian military sources said the Russian A-50 surveillance aircraft was shot down over Russia, right between the cities of Rostov-on-Don and Krasnodar A Beriev A-50 takes part in the rehearsal for the 2020 Victory Day parade on Tverskaya Street in Moscow, Russia on June 20, 2020. — Anadolu Agency Ukraine’s military shot down a Russian A-50 surveillance aircraft, marking the second such incident in just over a month. “The A-50, known as the ‘Bayan,’ made its last flight,” Air Force Commander Mykola Oleshchuk announced on the Telegram messaging app, underscoring Ukraine’s resolute stance in countering sophisticated aerial threats. Military sources,

December 7, 2023

News Desk

Cristiano Ronaldo’s fleet of premium cars at a glance

From the rare Bugatti Centodieci to the Ferrari, here is a small collection of Cristiano Ronaldo’s supercars Cristiano Ronaldo poses with one of his luxury cars. — Instagram/cristiano Ace soccer player Cristiano Ronaldo is one of the most successful soccer players in the world and his success has enabled him to live an extravagant and lavish lifestyle. Apart from other luxuries such as precious jewels and mansions that are part of his empire, the Portuguese star has a fleet of expensive supercars, Sports short mentionted. Ronaldo’s collection includes at least 20 luxury sports cars, some of which are extremely rare,

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