Saturday, June 29, 2019

Air India is losing Rs 6 crore daily due to Pakistan’s closure of its airspace

Air India is losing Rs 6 crore daily due to Pakistan’s closure of its airspace On Thursday, Pakistan extended the ban on its eastern airspace until 12 July for all overflying/transit flights to and from India, further bleeding the Indian carriers.
As governments on both sides of the border don’t seem to be budging, the national carrier has now written to the International Air Transport Association (IATA), seeking help.
“If we were a private airline, we would have drowned by now going by our daily losses but we are managing to cope up with this,” said an Air India official on condition of anonymity.
“The loss on a daily basis is much higher than the total income of our employees. This is the reason, we have written to IATA to participate and sort this issue at the earliest.”
The Air India official said IATA may ask the Pakistan civil aviation authorities to talk to the Indian government and the Indian airlines.
29/06/19 Ifrah Mufti/Print

0 Comments: