Air India anticipates a $600 million loss if Pakistan’s airspace remains closed for a year, following the Pahalgam terror attack. Air India has asked the government to help cover its rising operating costs.
- Longer flight routes lead to higher fuel consumption.
- Additional crew requirements are increasing expenses.
- Potential government subsidies are under consideration.
Why this matters: The closure affects flight durations, ticket prices, and the financial health of India’s national carrier.
SOURCE: Reuters
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