The Pakistan Airports Authority (PAA) lost $14.4 million in overflight revenue after banning its airspace to Indian registered aircraft, the Ministry of Defence told the National Assembly.
Pakistan Airspace
Pakistan’s airspace closure to Indian airlines, including Air India (AI) and IndiGo (6E), is set to cost the industry ₹7,000 (~$1 Billion) crore annually.
On Sunday, the Pakistan Civil Aviation Authority (CAA) assured that the country’s airspace is completely secure for all types of flight operations.