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Pakistan lost over Rs 8 billion due to airspace closure

The Pakistan Civil Aviation Authority (CAA) suffered a loss of Rs 8.5 billion because of airspace restrictions since February, according to Pakistani media reports.

Reported by: IANS Karachi Published : Jul 19, 2019 11:55 IST, Updated : Jul 19, 2019 11:55 IST
Pakistan Aviation Industry
Image Source : PTI

Pakistan lost over Rs 8 billion due to airspace closure (representational image)

The Pakistan Civil Aviation Authority (CAA) suffered a loss of Rs 8.5 billion because of airspace restrictions since February, according to Pakistani media reports.

"It's a huge loss for our overall (aviation) industry," Pakistan Federal Minister for Aviation Ghulam Sarwar Khan said on Thursday. 

"But this restriction hit India harder than Pakistan. The loss of India is almost double. But at this juncture d'tente and harmony are required from both sides," added Khan.

Also Read | 11 flights to and from Delhi cancelled due to Pakistan airspace closure

Also Read | With Pak airspace open, operation cost for US-bound flights likely to come down by Rs 20 lakh: Air India

Also Read | Pakistan opens airspace 5 months after military escalation with India

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