Nilgiri
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@Nilgiri The 100/50 million dollar equation is nonsense. And I don't have to pore over the maths for that. Are we supposed to believe that Indian air traffic volume is only twice bigger then Pakistan? Are we supposed to believe that Bangkok, Kaula Lumpur and Sydney are traffic hubs for Pakistan outbound flights?
I'm just going by the numbers that have been reported by the respective govts. The registered airlines of both countries are publicly listed I assume, so people can do end of year analysis there too.
A huge amount of traffic in India is domestic compared to Pakistan and also gulf oriented....not to mention lot more cities spaced far away so were completely unaffected (Bombay, Calcutta, Chennai, Bangalore, Hyderabad etc).....Delhi (IGI) was the only one with international (westbound) flight diversions. None were cancelled as far as I know....so the extra burn time/operating costs came to 100 million in the period.
But if you cancel a flight altogether and can't run it....that adds lot more cost in the end....because the plane is literally sitting there not earning money (rather than taking a 10% - 20% "hit" per flight...you effectively lose 100% of the flight revenue). How much of that kind of thing impacted PIA, someone else will have to analyse.