CAA incurs Rs10 billion loss due to suspension of international flights

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From Business Correspondent

ISLAMABAD: The Civil Aviation Authority (CAA) has suffered a loss of over Rs10.5 billion in two months due to suspension of flight operation in the wake of coronavirus pandemic.

According to the Aviation Division, the CAA suffered a loss of Rs67.5 million per day in the ongoing month due to the suspension of flight operations across the world amid the coronavirus outbreak.

Senior Joint Secretary Aviation Division Abul Sattar Khokhar told media that the suspension of international flights is causing a loss of Rs2.5 billion per week to CAA.

“Over 1000 flights used to pass through Pakistani air space daily. The figure has now reduced to 22percent due to worldwide suspension of international flights amid the coronavirus lockdown.”

CAA had suffered a loss of Rs59 million during the first 15 days of March, he added. The Civil Aviation Authority (CAA) had suffered a loss of Rs3.6 billion in the month of March owing to the suspension of flights to different counters amid coronavirus outbreak.

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