Pakistan, May 12 -- Pakistan has cleared the way for a new $30 million private airline to begin operations after years of regulatory delays, the country's Special Investment Facilitation Council (SIFC) said on Monday.

Jet Green Private Limited was now moving toward operational readiness after authorities resolved licensing and certification hurdles that had kept the project stalled for nearly a decade, according to the investment council.

Pakistan's aviation sector has struggled for years with financial stress, regulatory bottlenecks and safety concerns following the 2020 crash of a Pakistan International Airlines aircraft in Karachi, which triggered international scrutiny of the country's pilot licensing standards and aviation oversigh...