Islamabad — The Pakistan Airports Authority (PAA) has incurred losses of Rs 4.1 billion in just over two months due to the closure of its airspace to Indian airlines, according to official data presented in the National Assembly.
The airspace ban was imposed after the Pahalgam terrorist attack in Kashmir on April 22, which killed 26 people, mostly tourists. Tensions escalated further following a four-day conflict sparked by India’s Operation Sindoor on May 7, which targeted terror infrastructure in Pakistan-controlled territories.
The Ministry of Defence said the loss, recorded between April 24 and June 30, was due to a shortfall in overflying revenue. It clarified that these figures represent reduced income, not overall financial losses, and that overflight and aeronautical charges remained unchanged.
Currently, Pakistan’s airspace is open to all except Indian-registered airlines and aircraft. Likewise, Pakistani carriers remain banned from Indian airspace.
