Air India suffers Rs3 billion losses as Pakistan air space closes

[Tom M]

I wonder what the losses are on Afghan-India trade because of Wagah closure. Obviously the closures are manageable for Pakistan if it helps our neighbor to take some losses.

It is not at all manageable and hurting our economy so bad that our FM is gonna seek IMF assistance next week apart from few friendly nations.

 

[Imran Khan]

Aab hamary PM sy ussay endorsed kar diya tu hum kun hotay hain ""jeetay ga bhai jeetay gaa......hamara chokidar jeetay gaa """ i hope indian realize after election he is Pakistan's chokidar

Server Failure Cancels 119 Air India Flights

• byAndrew Eastwood
• April 28, 2019
• 2 minute read

Thousands of Air India passengers were left with heavy delays across the globe, after their check-in software shutdown for over 6 hours due to a technical snag.

Air India is the flag carrier of India. Photo: Wikipedia
What Happened?
According to The Economic Times, their passenger service system (PSS) experienced a major outage on Saturday morning from 3:30 AM onwards to 8:45 AM. Throughout the outage, thousands of Air India passengers were stranded at airports worldwide as airline staff were unable to issue boarding passes to them. Air India’s PSS system handles check-in, baggage, and reservations. The system is both owned and managed by Atlanta-based SITA, which is a multinational information technology company, providing IT and telecommunication services to the air transport industry.

Chairman and Managing Director of Air India Ashwani Lohani said, a total of 85 flights were delayed or canceled before 10 AM. However, a ripple effect took place throughout the day, causing a backlog of flights and additional cancellations. The airline clarified that a total of 155 flights were delayed for an average duration of two hours on Saturday.

Thankfully, the systems are restored now, however, the next few days will be a challenge for Air India to get flight schedules affected back on track. The majority of flights affected were domestic routes, since most long-haul flights depart in the afternoon. Air India has confirmed they will be providing passengers affected with hotel accommodation, and rebooking of their flights if needed.

A similar incident took place last year when a technical glitch in the airline’s check-in software delayed 25 of its flights across India. Photo: Wikimedia
SITA regretted the inconvenience caused and said it had experienced a complex system issue during server maintenance Saturday morning which resulted in operational disruption to flights.
“We have now fully restored services at all airports where Air India were affected. Our priority remains, as always, to ensure a stable system where customers can conduct business efficiently and effectively, and we are undertaking a full investigation to understand the root cause and prevent a recurrence,” SITA said in a statement to PTI regarding the disruptiuon.

Financial Troubles
Unfortunately for Air India, this disruption couldn’t have come at a worst time. The airline is currently $3.6 billion in debt and is in need from the government for funds to pay off their loans and to cover the rest of their aircraft purchase loans. However, the current government has said it does not intend to provide any further financing directly to Air India. Air India is now faced with the prospect of either defaulting on loans or pruning back its operations to recoup some cash.

This disruption definitely made their situation a lot worse, as Air India will have to pay a decent sum of money to multiple companies Air India affected by this major server outage. Simple Flying hopes to see Air India quickly recover from this major disruption in their operations.

Were you affected by Air India’s server outage? Let us know down below!

 

[Khanivore]

It is not at all manageable and hurting our economy so bad that our FM is gonna seek IMF assistance next week apart from few friendly nations.

Whatever the case, the airspace/ground routes will remain shut till it suits us. Relish it while you can.

Financial Troubles
Unfortunately for Air India, this disruption couldn’t have come at a worst time. The airline is currently $3.6 billion in debt and is in need from the government for funds to pay off their loans and to cover the rest of their aircraft purchase loans. However, the current government has said it does not intend to provide any further financing directly to Air India. Air India is now faced with the prospect of either defaulting on loans or pruning back its operations to recoup some cash.

Air India on the verge of going bust too!? Carry on, Modi.

 

[Tom M]

Whatever the case, the airspace/ground routes will remain shut till it suits us. Relish it while you can.

Indeed.

Airspace closure: PIA suffering losses as numerous flight routes remain suspended

 

[Crusher]

It feels so good that arrogant gangus are losing money due to closing of pakistani air space for gangu airlines.

 

[ShaikhKamal]

The Pakistani Airspace will remain closed until new Indian government is formed. The Hindutva lunatic Modi is hell bent on winning the elections even if it means a Nuclear war.

Pak-India airspace closure: National institutions suffer Rs2.55 bn loss

Pakistan does not have too many flights to the East I think 95% of PIA flights are to the West.

 

[Khanivore]

Indeed.

Airspace closure: PIA suffering losses as numerous flight routes remain suspended

"Unfortunately for Air India, this disruption couldn’t have come at a worst time. The airline is currently $3.6 billion in debt and is in need from the government for funds to pay off their loans and to cover the rest of their aircraft purchase loans. However, the current government has said it does not intend to provide any further financing directly to Air India. Air India is now faced with the prospect of either defaulting on loans or pruning back its operations to recoup some cash."

Not so comfy either.

Pakistan does not have too many flights to the East I think 95% of PIA flights are to the West.

Shh! Let them dream. It's worth it that way.

 

[Mandalorian_CA]

 

[maximuswarrior]

Indeed.

Airspace closure: PIA suffering losses as numerous flight routes remain suspended

It is funny how you are trying to pretend that losing money is not a loss.

 

[usman012]

As if it was only Air India who suffered. LOL

Pak-India airspace closure: National institutions suffer Rs2.55 bn loss

I guess Rs. 2.5 billion is too little an amount for an already flourishing economy.

Ok then why you shut down jet air ways ??The employees are begging on streets not to close jet air ways as future of their children depend on them .

 

[maximuswarrior]

Ok then why you shut down jet air ways ??The employees are begging on streets not to close jet air ways as future of their children depend on them .

He doesn’t have an answer to any sensible question.

 

[doorstar]

Can't see the article.

found here.
https://www.ft.com/content/bb7592de-82e3-11e6-8897-2359a58ac7a5

India’s Modi threatens to ‘isolate Pakistan’ after Kashmir attack India PM accuses Islamabad of exporting terrorism after siege on army camp kills 18 Narendra Modi Save to myFT David Keohane in Mumbai and Farhan Bokhari in Islamabad September 25, 2016 Print this page 19 Narendra Modi, India’s prime minister, hit out at Pakistan following a deadly attack on an Indian army camp in Kashmir this month, accusing his country’s nuclear-armed neighbour of exporting terrorism but ignoring the war on poverty.

“Let the terrorists make no mistake, India will never forget . . . We will leave no stone unturned to isolate Pakistan in the world,” said Mr Modi told a rally in south India on Saturday.

The speech follows a spate of anti-India protests in Kashmir, which have claimed scores of lives, and comes almost a week after four armed militants attacked an Indian army base in the disputed region, killing 18 soldiers, in the deadliest assault on an Indian military facility in more than 15 years.

Mr Modi’s Bharatiya Janata party has put the blame for the attacks on Islamabad and the Pakistan-based Islamist extremist group, Jaish-e-Mohammad, which New Delhi also blames for a January attack on an Indian air force base at Pathankot when 12 security personnel were killed.

However, Mr Modi also addressed the people of Pakistan directly, saying they should ask their leaders why, “when India and Pakistan got freedom in the same year, India exports software and your leaders export terrorists”.

“Let us see who eliminates poverty first, which nation eliminates unemployment first . . . India or Pakistan,” said Mr Modi in what some are describing as an attempt at strategic restraint although focusing on Pakistan’s own internal vulnerabilities.

Ashok Malik, a fellow at the Observer Research Foundation, said the speech aimed to position India as a country “at the end of its tether” and for which “hard options” were still very much on the table.

“This was aimed at many audiences but not intended really for the Pakistani people,” said Mr Malik. “It was intended to reach out to [Modi’s] own party to say he’s aware of their concerns. It was also aimed at a larger global audience to say I am not mad, not here to push a crazy agenda, I’m haemorrhaging political capital, so please appreciate what I am doing.”

A Pakistani government official speaking anonymously to the Financial Times said Mr Modi’s remarks were “mere propaganda” for domestic consumption. “The Indians started beating war drums a week ago. Now, they have to step back and also show their own public that they are still being tough with Pakistan. That is India’s dilemma now.”

Mr Modi faces growing political and popular pressure for a military response to the attacks. A recent Pew opinion poll found that more than 60 per cent of Indians support military action as a means of dealing with terrorism.

Experts have suggested Mr Modi will lean more heavily on diplomacy, due both to the risk of triggering a nuclear crisis and of escalating the protests in Kashmir.

A western diplomat in Islamabad told the FT that the US and other western countries had stepped up behind the scene efforts in the past week urging both countries to show restraint. “With both [India and Pakistan] armed with large numbers of nuclear weapons, going to war will have very unpredictable consequences. It could be devastating for both.” India and Pakistan have fought four wars over Kashmir and an estimated 44,000 people — including militants, security personnel and civilians — have been killed since 1989 after the eruption of a militant separatist insurgency in the region.

 

[SrNair]

Air India suffers Rs3 billion losses as Pakistan air space closes
IANS/New Delhi
Filed on April 28, 2019

(File)

Airspace has remained shut for traffic to and from India, since hostilities broke out over Pulwama attack.

Air India has suffered losses of around Rs3 billion (Rs300 crore) since late February as its long haul flights from New Delhi are taking longer to reach destinations in Europe, the Gulf and the US because of the closure of Pakistan's airspace.

The Pakistani airspace has remained shut for traffic to and from India ever since hostilities broke out between the two countries after the Pulwama suicide bombing in Jammu and Kashmir on February 14.

With its aircraft operating from New Delhi spending longer time in air, Air India is incurring daily loss of Rs6 crore on extra fuel burn, cabin staff expenses and reduced flights.

The national carrier has approached the Civil Aviation Ministry to ensure it is compensated for the loss given that the airline cannot pull out these flights due to various obligations.

"Air India has communicated to us about this. It is being taken up with all concerned," a Ministry official said.

The Air India flights to the US from Delhi now take 2-3 hours extra one way due to the restrictions over Pakistani airspace. Flights to Europe are taking almost two hours more resulting in financial loss.

The airspace closure following an air strike by the Indian Air Force on the Jaish-e-Mohamnad (JeM) terror camp in Pakistan's Balakot on February 27 has affected most airlines from Europe and the US that operate flights to and from New Delhi.

Almost the entire air traffic from South East Asia to Europe has also been impacted as they would pass through north India into Pakistan and onwards.

American carrier United has temporarily suspended its Delhi-Newark flight and is monitoring the situation.

German flag carrier Lufthansa had said earlier that connections to Bangkok and Singapore would also be hit besides operations to India.

"We are already preparing adjusted routes and will increase the amount of additional fuel in the event of delays. Some traffic rights for the new routing must also be secured," the airline had said on closure of Pakistani airspace.

An Air India official said that the airline has significant operations to Europe and North America and the diversion of flights due to closure of Pakistani airspace had so far caused a total loss of about Rs3b.

"The losses on account of payload restriction and cancellation alone is about Rs 2.75 crore per day. The longer flying time has affected the duty hours of cabin staff and pilots," he said.

"The other airlines have an option to pull out services in such situations but as the national carrier we cannot do so," the official added.


https://www.khaleejtimes.com/busine...IjCoyymNt6gBAl3OPr2XLqqf-gQzx5lrEOby3K3Xi6hz8

Let it be like that .
Being a national carrier GoI will take care of Air India .
After a month this will be a new normal to us

Indian denial: Everything is just fine.

We have totally owned Modi.

Not only did we humiliate Modi for seeking revenge against Balakot strikes.

We continue to hurt Modi economically.

Oh really ?
Pak GDP = Mumbai GDP .
So good luck with that

 

[Khanivore]

He doesn’t have an answer to any sensible question.

About an hour ago I was listening to a legal advice program on British radio channel and an Indian caller rang, asking how can he get the travel insurance to pay £1,500 each for 3 of his family members to return from India because Jet Airways went bust and Air India cannot give a cheaper ticket because the prices went very high after Feb 27. The advisor told him the bad news. Insurance cannot cover in this case because Jet Airways went bust.

Let it be like that .
Being a national carrier GoI will take care of Air India .

"However, the current government has said it does not intend to provide any further financing directly to Air India. Air India is now faced with the prospect of either defaulting on loans or pruning back its operations to recoup some cash." -- Khaleej Times

After a month this will be a new normal to us

Try asking the families travelling to and from EU or US.

 

[Nityam]

Whatever the case, the airspace/ground routes will remain shut till it suits us. Relish it while you can.


Air India on the verge of going bust too!? Carry on, Modi.

LOL..... Fantasy vs Reality

https://timesofindia.indiatimes.com...rs-298-crore-in-fy17/articleshow/62836266.cms

https://economictimes.indiatimes.co...-20-in-q3-of-2018-19/articleshow/67500810.cms

https://economictimes.indiatimes.co...profit-this-year-too/articleshow/67596449.cms

"However, the current government has said it does not intend to provide any further financing directly to Air India. Air India is now faced with the prospect of either defaulting on loans or pruning back its operations to recoup some cash." -- Khaleej Times

Ooops

Air India Express to post profit this year, too
Air India Express is likely to post a net profit of about Rs 250 cr for the full year ending March 31.


Read more at:
//economictimes.indiatimes.com/articleshow/67596449.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst