Brief by Shorts91NewsDesk / 02:41am on 02 May 2025,Friday India Global
Air India is projected to lose around $600 million over the next year due to Pakistan's decision to close its airspace to Indian flights, following the April 22 terror attack in Pahalgam that killed 26 tourists. The closure has forced Air India to take longer alternate routes, increasing fuel costs, flight durations, and crew expenses. The airline is seeking government support, including financial aid and alternative routing through Chinese airspace. The Civil Aviation Ministry is reviewing possible relief measures to mitigate operational and financial challenges faced by the national carrier. (PC: Reuters)
