NEW DELHI – Air India expects to face around $600 million in additional costs if the ban from Pakistan’s airspace lasts for a year, and has asked the federal government to compensate it for the hit.
Indian airlines are bracing for higher fuel costs and longer journey times after Pakistan shut its airspace to the country’s carriers in a tit-for-tat retaliation following an attack on tourists in Indian Illegally Occupied Jammu and Kashmir (IIOJK) last week.
Air India on April 27 asked…
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