Serene Air has been granted a licence by the air travel authority to establish a private airline in Pakistan.
The airline would begin operations on domestic routes by November or December 2016, as per its plan submitted to the Civil Aviation Authority (CAA), according to an official involved in the developments.
"The authority granted Serene Air a licence in March 2016 to establish the airline with headquarters in Pakistan, however, the company has not yet been granted the Air Operator Certificate that will allow it to fly," he said.
He said airline officials were expected to fly to the United States to acquire five Boeing 737-800s, which would be bought with the approval of CAA officials. "The 737-800 is the latest aircraft of Boeing company."
As per rules, the company is required to have at least three aircraft to establish an airline.
Serene Air will fly on almost all domestic routes, including Karachi, Lahore, Islamabad, Peshawar, Quetta and Multan. CAA rules say the airline can apply for an international licence if it successfully operates on domestic routes for over a year.
At present, there are three airlines that are already flying on domestic routes, of which one is state-owned - Pakistan International Airlines (PIA). The remaining two -- Airblue and Shaheen Air -- belong to the private sector.