New Delhi: While Indian flights will save time and fuel, the expenses will reduce drastically after Pakistan announced the opening of its airspace for civil traffic, according to Air India, Director (Operations) Captain Amitabh Singh.
On being asked to respond on Pakistan's decision to open its airspace for civil traffic, Singh on Tuesday told media, "With this opening, we will be saving 1.5-2 hours of flying time between India-Europe and India-USA. We will save on fuel consumption too. The expenses will definitely reduce drastically."
He added that the decision will be beneficial for both Indian and foreign carriers as the closure had generated inconvenience for the travelling public.
"It is going to be beneficial for Indian carriers as well as for foreign carriers. The closure generated a lot of inconvenience for the travelling public," he opined.
This response came after neighbouring country Pakistan on Tuesday morning announced the opening of its airspace for civil traffic, which was closed over four months back after the Balakot strikes.
Earlier this month, the Centre had informed Rajya Sabha that Indian airlines suffered losses worth over Rs 548 crore due to airspace closure by Pakistan after the Balakot airstrike in February.
In a written response to a question in Rajya Sabha, Minister of State for Civil Aviation (Independent Charge) Hardeep Singh Puri had said the national carrier Air India lost Rs 491 crore till July 2, while IndiGo suffered a loss of Rs 25.1 crore till May 31.