You didn't correct me, you agreed with me, question here is the validity of those assumptions and utility in relation to the real world. This has been discussed anyway in the economy thread just reinforces how if a certain reality cannot be stomached no problem, some people just move on to the next feel good fiction, if you don't think the closure of airspace is causing financial stress, an additional financial stress, okay why not talk about the GDP as well
If someone is right. There is no need to correct them. All statistics is based on estimates.
May that be projected growth rate of an economy or projected losses in a particular sector.
However what has been proven again and again for past few years is that, India government's projections of Indian economic growth rate is more or less accurate unlike some other countries who miss their projected growth rates by as much as 0.5 - 1.0 percent or even more, every single year.
Pakistanis would like to believe the entire India aviation sector about to collapse because Pakistan's closure of its airspace where as Indian airspace closure has no effect on Pakistan at all despite India being 4 times larger than Pakistan, blocks all most all Pakistani routes East and what's more, it prevents any future expansion of routes to East of Pakistan. I believe you just finished selling off PIA just yesterday.
On other hand Indians would like to believe that Pakistan closure airspace has no effect India aviation sector at all.
Obviously the truth some where in the middle. Pakistani airspace closure causes some losses but no where near what Pakistanis imagine.
If everything else was the same i.e. the gulf war, high jet fuel prices, Indian government not allowing fuel surcharge to passed on to passengers and middle eastern airspace closure. But Pakistan airspace was still open for India owned aircraft, the Indian avaition sector losses would have been pretty much the same.



