Pakistan lost over Rs 8 billion due to airspace closure

"It's a huge loss for our overall (aviation) industry," Pakistan Federal Minister for Aviation Ghulam Sarwar Khan said on Thursday.
Pakistan lost over Rs 8 billion due to airspace closure
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The Pakistan Civil Aviation Authority (CAA) suffered a lossof Rs 8.5 billion because of airspace restrictions since February, according toPakistani media reports.

"It's a huge loss for our overall (aviation)industry," Pakistan Federal Minister for Aviation Ghulam Sarwar Khan saidon Thursday.

"But this restriction hit India harder than Pakistan.The loss of India is almost double. But at this juncture détente and harmonyare required from both sides," added Khan.

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