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Air India suffers Rs3 billion losses as Pakistan air space closes

Imran Khan

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Air India suffers Rs3 billion losses as Pakistan air space closes
IANS/New Delhi
Filed on April 28, 2019
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(File)

Airspace has remained shut for traffic to and from India, since hostilities broke out over Pulwama attack.

Air India has suffered losses of around Rs3 billion (Rs300 crore) since late February as its long haul flights from New Delhi are taking longer to reach destinations in Europe, the Gulf and the US because of the closure of Pakistan's airspace.

The Pakistani airspace has remained shut for traffic to and from India ever since hostilities broke out between the two countries after the Pulwama suicide bombing in Jammu and Kashmir on February 14.

With its aircraft operating from New Delhi spending longer time in air, Air India is incurring daily loss of Rs6 crore on extra fuel burn, cabin staff expenses and reduced flights.

The national carrier has approached the Civil Aviation Ministry to ensure it is compensated for the loss given that the airline cannot pull out these flights due to various obligations.

"Air India has communicated to us about this. It is being taken up with all concerned," a Ministry official said.

The Air India flights to the US from Delhi now take 2-3 hours extra one way due to the restrictions over Pakistani airspace. Flights to Europe are taking almost two hours more resulting in financial loss.

The airspace closure following an air strike by the Indian Air Force on the Jaish-e-Mohamnad (JeM) terror camp in Pakistan's Balakot on February 27 has affected most airlines from Europe and the US that operate flights to and from New Delhi.

Almost the entire air traffic from South East Asia to Europe has also been impacted as they would pass through north India into Pakistan and onwards.

American carrier United has temporarily suspended its Delhi-Newark flight and is monitoring the situation.

German flag carrier Lufthansa had said earlier that connections to Bangkok and Singapore would also be hit besides operations to India.

"We are already preparing adjusted routes and will increase the amount of additional fuel in the event of delays. Some traffic rights for the new routing must also be secured," the airline had said on closure of Pakistani airspace.

An Air India official said that the airline has significant operations to Europe and North America and the diversion of flights due to closure of Pakistani airspace had so far caused a total loss of about Rs3b.

"The losses on account of payload restriction and cancellation alone is about Rs 2.75 crore per day. The longer flying time has affected the duty hours of cabin staff and pilots," he said.

"The other airlines have an option to pull out services in such situations but as the national carrier we cannot do so," the official added.


https://www.khaleejtimes.com/busine...IjCoyymNt6gBAl3OPr2XLqqf-gQzx5lrEOby3K3Xi6hz8
 
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Indian denial: Everything is just fine.

We have totally owned Modi.

Not only did we humiliate Modi for seeking revenge against Balakot strikes.

We continue to hurt Modi economically.
 
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As u predicted long ago :) waisy hum ny kuch lamba hi band kar diya aur abhi aur jana hai that time i must say govt shows backbone let them suffer some more
 
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As u predicted long ago :) waisy hum ny kuch lamba hi band kar diya aur abhi aur jana hai that time i must say govt shows backbone let them suffer some more


i am 90% sure these losses are tip of iceberg sir real losses will be turn around time fuel maintenance cost and much more that is very compliment to collect
 
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Just look at wording how carefully they hide using ""alone """ its 2.75 just in one column mentioned by them its alone cost near 170 crore loss.If they disclose how much extra air time,fuel consumption,reducing service life,their business going to other airlines(which also consider direct loss),extra pay to staff, the amount will be staggering
The losses on account of payload restriction and cancellation alone is about Rs 2.75 crore per day
 
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Just look at wording how carefully they hide using ""alone """ its 2.75 just in one column mentioned by them its alone cost near 170 crore loss.If they disclose how much extra air time,fuel consumption,reducing service life,their business going to other airlines(which also consider direct loss),extra pay to staff, the amount will be staggering
modi ka election ho raha hai bhai ji sab chup raho :lol:
 
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As if it was only Air India who suffered. LOL :woot:

Pak-India airspace closure: National institutions suffer Rs2.55 bn loss

I guess Rs. 2.5 billion is too little an amount for an already flourishing economy. :bunny:
I wonder what the losses are on Afghan-India trade because of Wagah closure. Obviously the closures are manageable for Pakistan if it helps our neighbor to take some losses. :cheesy:

Can't see the article.
 
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Aab hamary PM sy ussay endorsed kar diya tu hum kun hotay hain ""jeetay ga bhai jeetay gaa......hamara chokidar jeetay gaa """ :victory::victory: i hope indian realize after election he is Pakistan's chokidar
modi ka election ho raha hai bhai ji sab chup raho :lol:
 
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