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Air India expects to face around $600 million in additional costs if a ban from Pakistan’s airspace lasts for a year, and has asked the federal government to compensate it for the hit, a company letter seen by Reuters shows.
Indian airlines are bracing for higher fuel costs and longer journey times after Pakistan shut its airspace to the neighbouring country’s carriers in a tit-for-tat retaliation following an attack on tourists in occupied Kashmir last week…
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Air India sees Pakistan airspace ban costing it $600m over a year, seeks aid
Air India expects to face around $600 million in additional costs if a ban from Pakistan’s airspace lasts for a year, and has asked the federal government to compensate it for the hit, a company letter seen by Reuters shows. Indian airlines are bracing for higher fuel costs and longer journey times after Pakistan shut