Pakistan Blocks Indian Flights, Ends up Boarding a ₹1,240 Crore Loss in Two Months, Says Report
PAKISTAN, AUG 09 – Pakistan lost Rs 4.1 billion in overflight revenue after closing airspace to 100-150 Indian aircraft daily in retaliation for treaty suspension and terror attacks, officials said.
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Pakistan lost Rs 1,240 crore in two months after closing airspace for Indian flights: Report
Pakistan had shut its airspace for India after the latter put the Indus Water Treaty in abeyance in response to the deadly terror attack in Jammu and Kashmir's Pahalgam that claimed 26 lives, mostly tourists.
Pakistan loses Rs 4.1 bn in 2 months after closing airspace to Indian flights
Islamabad: Pakistan’s airport body suffered a loss of Rs 4.1 billion in over two months due to the closure of airspace for Indian airlines, according to official data. Pakistan and India closed their respective airspaces for each other’s airlines following the deadly Pahalgam terrorist attack in Kashmir on April 22, which killed 26 people, mostly tourists. The airspace ban was extended after ties between the two countries deteriorated due to the…
Pakistan blocks Indian flights, ends up boarding a ₹1,240 crore loss in two months, says report
Pakistan's airspace closure to Indian aircraft, initiated on April 24 in response to India's Indus Waters Treaty suspension, has resulted in financial losses exceeding ₹1,240 crore for the Pakistan Airports Authority, with a significant drop in transit air traffic.
Pakistan Lost Rs 127 Crore In Two Months After Shutting Airspace For India: Report
Pakistan had closed its airspace for Indian aircraft a day after India suspended the Indus Water Treaty on 23rd April. Owing to that, Pakistan has suffered losses amounting to Rs 4.10 billion in two months.
Pakistan Lost Rs 127 Crore After Closing Airspace To Indian Flights: Report
Pakistan shut its airspace to Indian aircraft a day after India suspended the Indus Waters Treaty on April 23. The move, which took effect on April 24, has cost Pakistan PKR 4.10 billion (approximately Rs 127 crore) in just over two months, according to figures presented in the National Assembly on Friday.The closure applies to all aircraft owned or leased by Indian carriers, affecting an estimated 100–150 planes. The losses were recorded betwee…
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