KARACHI: Pakistan and India have closed their airspace for each other for the last two weeks after rise in tension between the two countries due to which the national institutions of Pakistan have suffered losses of Rs2.55 billion.
The airlines and civil aviation authorities of both thecountries are enduring massive losses. The flights between Europe to Far-East are not only facing massive financial losses, but the flight duration has also increased, while the airlines have also increased their ticket prices.
The schedule of the airlines flying on these routes has also been affected. The Pakistan International Airlines (PIA) has suffered loss of Rs1.05 billion due to closure of certain routes for the airline, while the Civil Aviation Authority of Pakistan has incurred a loss of around Rs1.5 billion so far due to prevailing tension.
Only a few large airports are still open, while the airlines are now using long routes due to which the air travel duration has increased, which has resulted into increase in air fares. Only the PIA is suffering a loss of over 70 million on daily basis in the head of fuel charges.
During hearing, 41 accused, including provincial Minister Meena Khan and MNA Asif Khan, appeared before court
Peshawar City Senior Vice President Malik Aslam and General Secretary Taqdeer Ali resigned from their posts
As token of appreciation, KP Culture and Tourism Authority presented them with traditional shawls
Building fires are common in India due to lack of firefighting equipment and routine disregard for safety regulations
He was speaking at United Nations Climate Change Conference in Baku, Azerbaijan
Buried in debt, developing countries do not want the money to come in the form of loans
