The Pakistan Airports Authority (PAA) has faced a revenue loss of about Rs 1240 crore between April 24 and June 30 after closing its airspace to Indian-registered aircraft. This move followed India’s suspension of the Indus Waters Treaty on April 23, in response to a terrorist attack in J&K’s Pahalgam. Pakistan withdrew overflight permissions for Indian carriers, affecting 100 to 150 daily Indian flights and reducing transit traffic by nearly 20%. A similar closure in 2019 caused a Rs 228 crore loss. Despite the May 7-10 ceasefire, tensions continue as both nations issue NOTAMs to reserve border airspace for military exercises.#pakistanairspace #paarevenueloss #indiaflights #induswaterstreaty #pahalgamattack #notams #pakistanindia #crossborderhostilities #economicimpact #opsindoor #pahalgamattack #toi #toibharat
Op Sindoor: Report Reveals Pakistan Lost Rs 1240cr In 2 Months After Shutting Airspace For India
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