Pak suffers over USD 50 million losses due to airspace closure after Balakot strikes by IAF

Pakistan suffered a whopping USD 50 million loss after it closed its airspace with India for nearly five months following the Balakot air strikes in February, according to the country's aviation minister, who underlined that Islamabad's action hit New Delhi "harder."
Pakistan's minister for Aviation Ghulam Sarwar Khan said on Thursday that the Civil Aviation Authority (CAA) suffered a loss of Rs 8.5 billion (USD 50 million) because of airspace restrictions since February in the wake of the "Indian aggression."