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Pakistani rescuers scour waters for cargo plane missing off Karachi coast - Finance news and analysis from Global Banking & Finance Review
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Pakistani rescuers scour waters for cargo plane missing off Karachi coast

Published by Global Banking & Finance Review

Posted on July 8, 2026

4 min read

· Last updated: July 9, 2026

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Pakistani rescuers find wreckage of lost cargo plane; search on for missing crew

By Asif Shahzad and Mubasher Bukhari

Details of the Cargo Plane Crash and Ongoing Search Efforts

ISLAMABAD, July 8 (Reuters) - Pakistani rescuers found the wreckage of a cargo plane in a deep-sea search operation on Wednesday, 12 hours after it went missing off the coast of Karachi, with efforts underway to find the five crew members who were on board, authorities said.

Discovery of the Wreckage

The wreckage of the K2 Airways Boeing 737 was recovered 53 nautical miles (98 km) south of Ormara port, the Pakistan Airports Authority said.

The Pakistan Navy and Pakistan Maritime Security Agency deployed "various air and sea borne assets" to locate the remains, it said, adding that the search operation was continuing to find the crew members.

Government Response and Crew Information

Prime Minister Shehbaz Sharif had directed authorities to speed up the search for the 27-year-old converted freighter, which went missing in the Arabian Sea after reporting a navigational system problem.

K2 Airways, the plane's operator, said the crew comprised two pilots, two engineers and one support staffer. Authorities have made no official declaration on their status, although Sharif expressed his "heartfelt condolences" to their families.

Flight Path and Incident Details

The plane may have crashed into the sea southwest of Karachi after a series of sharp altitude changes before a steep final descent, according to flight-tracking service Flightradar24.

Authorities had launched a coordinated search-and-rescue operation at sea through various agencies, the airports authority said. K2 Airways said it was cooperating with the Pakistan Civil Aviation Authority and other government agencies. Boeing has not yet commented.

The plane reported a navigational system issue at 9:18 p.m. Pakistan Standard Time (1618 GMT) on Tuesday while flying towards Karachi from Sharjah in the United Arab Emirates, the airports authority said.

Rapid Descent and Loss of Communication

PLANE DESCENDED RAPIDLY

Local air traffic control tried to guide it, but three minutes later radar systems showed the plane descending rapidly and communication was lost, the authority said. The flight was about 155 nautical miles (287 km) west of Karachi at the time, according to the statement.

The final minutes of Flightradar24's tracking data appeared chaotic, showing the plane plunging about 5,000 feet in less than a minute before soaring about 6,000 feet in 30 seconds and then entering a catastrophic dive from 36,550 feet.

The last transmitted data point placed the aircraft at 1,100 feet above sea level, with a vertical rate of minus 22,400 feet per minute — about 400 kilometres per hour — an extremely steep and abnormal rate of descent.

Aircraft Background and Technical Details

The missing aircraft is one of Boeing's decades-old 737-400s, two generations older than the 737 MAX that has been involved in a safety crisis. It uses engines made by CFM International, jointly owned by GE Aerospace and France's Safran.

U.S. safety expert and former commercial pilot John Cox said in an interview that flight-tracking data available so far suggested the crew appeared to be struggling with the airplane for unknown reasons.

"It is possible, in the last portions of it, that the airplane was stalled and descending at a very, very high rate," said Cox, who has experience flying the 737-400.

Investigation and International Involvement

Air crashes are typically caused by multiple factors, and investigations can take at least a year to complete.

Authorities in Pakistan, which is leading the probe under international rules, have not said whether they have recovered the plane's "black boxes" that provide crucial data.

The U.S. National Transportation Safety Board said it had appointed an accredited representative to assist Pakistan in the investigation along with technical advisers from Boeing, GE Aerospace and the Federal Aviation Administration.

History of the Aircraft and Previous Incidents

The K2 Airways jet was first delivered as a passenger plane to Russia's Aeroflot in 1999 and was converted to a freighter in 2012, according to Flightradar24. It is K2 Airways' only aircraft and entered service with the carrier in 2024. Its previous flight was on June 28, according to Flightradar24 data.

The incident would be Pakistan's first fatal crash since 2020, when a Pakistan International Airlines Airbus A320 came down short of the runway in Karachi, killing 97 people.

(Reporting by Asif Shahzad in Islamabad and Mubasher Bukhari in Lahore; Additional reporting by Allison Lampert in Montreal and David Shepardson in Washington; Editing by Hugh Lawson, Philippa Fletcher and Jamie Freed)

Key Takeaways

  • The 27‑year‑old freighter (registration AP‑BOI) experienced abrupt altitude changes—5,000 ft descent, 6,000 ft climb—before a steep dive ending at 1,100 ft with a descent rate of ‑22,400 ft/min, signaling a catastrophic loss of control (aljazeera.com).
  • Pakistan’s Navy (frigate PNS Zulfiqar), Air Force (SAAB, ATR aircraft), merchant vessel ‘Lahore’ and other assets are participating in the search across a vast, rough Arabian Sea area (apnews.com).
  • This is K2 Airways’ only aircraft; its disappearance marks potentially Pakistan’s first fatal air incident since the 2020 PIA Airbus A320 crash, pending confirmation (apnews.com).

References

Frequently Asked Questions

What happened to the Pakistani cargo plane near Karachi?
A Boeing 737-400 cargo plane operated by K2 Airways lost contact while en route to Karachi and is presumed to have crashed in the Arabian Sea.
How many crew members were on board the missing plane?
There were five crew members on board, including two pilots, two engineers, and one support staff member.
What caused the plane to go missing?
The plane reported a navigational system issue before rapidly descending and losing contact with air traffic control.
When was the missing cargo plane last operated?
The Boeing 737-400 was last flown on June 28, 2024, before the incident on July 8, 2024.
Is this the first fatal air crash in Pakistan since 2020?
Yes, if confirmed, it will be Pakistan’s first fatal crash since 2020.

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