Pakistan lost over $50 million due to airspace closure

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Pakistan, India, Airspace

Karachi - The airspace restriction hit India harder than Pakistan, the minister said.

By IANS

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Published: Fri 19 Jul 2019, 11:05 AM

Last updated: Fri 19 Jul 2019, 1:11 PM

The Pakistan Civil Aviation Authority (CAA) suffered a loss of Rs 8.5 billion ($50 million) 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.
 


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