Air India incurred Rs 4000 crore loss due to Pakistani airspace closure, reveals CEO Campbell Wilson
Air India has faced a whopping Rs 4,000 crore loss over the past few months due to restrictions while travelling over Pakistan. The neighbouring country had closed its airspace to Indian airlines amid heightened tensions in April — forcing domestic carriers to take longer detours for some international flights. CEO Campbell Wilson also admitted that US tariffs, visa restrictions and geopolitical conflicts had delivered “quite unprecedented shocks” to the Air India system.
