Air India has estimated that it could incur losses of up to $600 million if Pakistan’s airspace remains closed for a year, and has formally requested government compensation to offset the financial blow, according to a letter reviewed by Reuters.
The closure, which came in response to rising tensions between the two nations after a recent attack on tourists in Kashmir, has forced Indian carriers to reroute international flights, leading to increased fuel consumption and extended flight…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
