Afghanistan faces massive revenue loss due to Pakistan airspace closure

Image
ANI Asia
Last Updated : Apr 08 2019 | 1:40 PM IST

The Civil Aviation Authority of Afghanistan on Monday said that the country has suffered an estimated revenue loss of around USD eight million in more than a month pertaining to closure of Pakistan's airspace.

Pakistan had closed its airspace late in February amid escalating tensions with India following the Pulwama terror attack on February 14 in which around 40 CRPF personnel lost their lives. The airspace was, however, opened to some flights but it is yet to be opened for Afghan flights en route to India.

Due to the closure, Afghan airlines that have been using Iran's route for Kabul-New Delhi flights has increased the costs as well as the time by two times. But the airlines have continued to incur losses in revenues, Tolo News reported.

Mohammad Qasim Wafaeezada, Chairman of Afghan Civil Aviation Authority, said that there were six air routes through Pakistan's airspace between Kabul and New Delhi.More than 250 flights crossed Afghanistan's airspace towards Pakistan on a daily basis when the airspace was opened but now the number has reduced to nine, he added.

"We hope this issue is resolved as soon as possible, otherwise we will lose a big amount of revenue we get from transit flights," Wafaeezada was quoted as saying.

Meanwhile, Afghan-based airlines have urged the government to engage in talks with the Pakistani government to resolve the matter as soon as possible keeping in tune with international laws and regulations.

Last month, sources from the Indian government said that all flights, including international flights, flying westward from/over Pakistan are not being allowed to fly over India by Pakistan, even though India has not put any such restriction.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 08 2019 | 1:19 PM IST

Next Story