Pahlagam Terror Attack: Pakistan Closes Its Airspace For Indian Airlines, Air India Expected to Incur Heavy Loss

Pahalgam Terror Attack:  Following the terrorist attack in Pahalgam, Jammu and Kashmir, tensions between India and Pakistan have risen, resulting in various restrictions and strict guidelines for both countries. This scenario has once again impacted airspace. Pakistan has restricted its airspace to Indian planes, causing significant losses for India’s main airlines, particularly Air India. This affects flights from India to Europe, America, and Canada.

Around $600 Million Loss to Air India 

According to a report, Air India has issued a letter to the Indian government estimating that closing Pakistani airspace might result in a loss of $591 million (about Rs 50 billion) every year.  Air India has proposed that the government create a subsidy plan to address this situation.