The country’s national carrier Air India has lost Rs 720 crore in the four months through 27 February as Pakistan continues with the ban on its eastern airspace for Indian airlines.
Since February, Air India has been losing approximately Rs 6 crore on a daily basis due to the cancellations of flights on some routes and re-routing of some other flights as a result of the ban, said an official spokesperson of the carrier.
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. Read More