Shafaq News- Baghdad
Iraq is losing an estimated $360,000 a day aftersuspending civilian overflights through its airspace, the Eco Iraq Observatoryreported on Monday.
The country previously handled around 800 flightsdaily, while traffic volumes in recent months ranged between 700 and 750. Undernormal conditions, each aircraft pays about $450 in transit fees to cross Iraqiairspace.
According to the observatory, the suspension, which iscosting Iraq roughly $15,000 an hour, could undermine efforts to expand non-oilincome. It stressed the importance of resuming aviation activity whensecurity conditions allow, highlighting Iraq’s strategic location as a corridorlinking Asia, Europe, and the Middle East.
Iraqi authorities closed the country's airspace andsuspended flights at Baghdad International Airport following renewed militaryescalation between Iran and Israel. The decision also affected KirkukInternational Airport and airports across the Kurdistan Region, including ErbilInternational Airport.
: Iraq airspace closure costs $43 million during US-Israel war on Iran
