Sunday, April 28, 2019

Rs 300 cr hole in Air India pocket as Pak airspace closes

New Delhi: Air India has suffered losses of around Rs 300 crore since late February as its long haul flights from New Delhi are taking longer to reach destinations in Europe, the Gulf and the US because of the closure of Pakistan’s airspace.

The Pakistani airspace has remained shut for traffic to and from India ever since hostilities broke out between the two countries after the Pulwama suicide bombing in Jammu and Kashmir on February 14.

With its aircraft operating from New Delhi spending longer time in air, Air India is incurring daily loss of Rs 6 crore on extra fuel burn, cabin staff expenses and reduced flights.

The national carrier has approached the Civil Aviation Ministry to ensure it is compensated for the loss given that the airline cannot pull out these flights due to various obligations.

“Air India has communicated to us about this. It is being taken up with all concerned,” a Ministry official said.
The Air India flights to the US from Delhi now take 2-3 hours extra one way due to the restrictions over Pakistani airspace. Flights to Europe are taking almost two hours more, resulting in financial loss.

The airspace closure following an air strike by the Indian Air Force on the Jaish-e-Mohamnad (JeM) terror camp in Pakistan’s Balakot on February 27 has affected most airlines from Europe and the US that operate flights to and from New Delhi.
28/04/19 Tribune
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