Jahangir Siddiqui & Co.
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JS Group, also known as Jahangir Siddiqui Group, is one of the biggest financial services provider of Pakistan, as well as the second largest shareholder of EFU Insurance. It is headquartered in Karachi, with important district offices in Lahore and Islamabad.
The investment branch of JS Group and the Pakistan arm of American Express were merged to form JS Bank Limited. [when?]
JS Air
JS Group includes a charter airline branch called JS Air (also known as JS Charter), which was set up in 2005 and operates regional low-passenger volume corporate flights, mostly serving the oil and gas industry. Between 2006 and late 2007, JS Air set up a joint venture with Airblue,[further explanation needed] the second largest airline in Pakistan, marking the nation's first ever airline joint-venture. Ultimately, the cooperation was stopped as it proved to be unsuccessfull.[1] Currently, JS Air only operates one single airplane, a 19-passenger Beech 1900C turboprop aircraft.[citation needed]
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