The terrorist attack on tourists in Pahalgam, India, on April 22, 2022, led to significant repercussions for the aviation industry. Following the attack, the Indian government suspended the Indus Water Treaty with Pakistan, prompting the closure of Pakistani airspace on April 24, 2022. This closure has had a lasting impact on Indian airlines, particularly Air India, which has had to adjust its international routes, resulting in increased block times and operational inefficiencies. Flights to North America, once non-stop, now require technical stops, diminishing Air India's competitive edge. Similarly, IndiGo's expansion plans to Europe were disrupted, forcing the airline to split operations between Mumbai and Delhi. The operational challenges extend beyond routing; they also affect crew scheduling and maintenance costs, as additional take-offs and landings increase the number of flight cycles. The situation worsened with a tragic crash of Air India's Dreamliner in June 2022, which further dampened passenger confidence and led to reduced domestic flights. As the aviation sector enters a new financial year, rising oil prices due to international conflicts pose additional challenges, making profitability a distant goal for many airlines.