Pakistan's airspace ban will cost Air India $600M

1 week ago

Air India expects to face around $600 million in additional costs if a ban from Pakistan's airspace lasts for a year and has asked the federal government to compensate it for the hit, a company letter seen by Reuters shows. Indian airlines are bracing for higher fuel costs and longer journey times after Pakistan shut its airspace to the country's carriers in a tit-for-tat