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A report by ICICI Securities indicates a decline in air passenger numbers following the Air India crash on June 12, 2025, after a brief recovery post-India-Pakistan ceasefire. Domestic passengers fell from 490,000 to 460,000, while international travel decreased from 118,000 to 102,000. Rising crude oil prices may further impact the aviation sector amidst ongoing geopolitical tensions.

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Business Standard
6 minutes ago
- Business Standard
Air India flight from Hyderabad to Mumbai cancelled due to technical snag
After boarding, a technical snag was noticed following which the passengers were deplaned and accommodated in another Air India flight Press Trust of India Hyderabad A Mumbai-bound Air India flight from Hyderabad with 92 passengers on board was grounded and subsequently cancelled on Friday due to a technical glitch, airport sources said. After boarding, a technical snag was noticed following which the passengers were deplaned and accommodated in another Air India flight, they said. "AI 2534 to Mumbai was cancelled due to technical reasons," the sources said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Hindustan Times
25 minutes ago
- Hindustan Times
Air India Hyderabad-Mumbai flight cancelled due to technical issue
A Mumbai-bound Air India flight from Hyderabad carrying 92 passengers was grounded and later cancelled on Friday due to a technical issue, news agency PTI reported citing airport sources. The technical glitch was detected after passengers had boarded, prompting their deplaning. (File) (Pic used for representation)(Reuters) The technical glitch was detected after passengers had boarded, prompting their deplaning. They were later accommodated on another Air India flight, the sources said. "AI 2534 to Mumbai was cancelled due to technical reasons," the sources said. (This is a developing story. Please check back for updates)


Time of India
an hour ago
- Time of India
Rung traders seek revival of India-China trade at Lipulekh border
Pithoragarh: Traders from the Rung community, who have historically engaged in India-China border trade through Lipulekh Pass, are demanding its resumption and have expressed deep disappointment over its continued suspension this year. Border trade has remained shut since 2019. "Trade between India and Tibet through Lipulekh has been ongoing since ancient times. Though it was halted after the 1962 India-China war, it resumed in 1992," said Daulat Singh Raypa, general secretary of India-China Border Trade Association. The Kailash Mansarovar yatra , which also passes through Lipulekh, began in 1981. Both the pilgrimage and trade continued uninterrupted until 2019, when operations were suspended due to the Covid-19 pandemic. While the yatra has been permitted to resume this year, border trade remains suspended. "We were hopeful trade would also restart once the yatra resumed, especially since Lipulekh is now connected by road," said Raypa. The construction of the Tawaghat–Lipulekh road was completed by the Border Roads Organisation (BRO) in 2022. "We were very enthusiastic because road connectivity reduces both time and costs and makes trade more viable," he added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ductless Air Conditioners Are Selling Like Crazy [See Why] Keep Cool Click Here Undo Since the Chinese govt granted permission to Nepali Rung traders to resume border trade in 2024, "the Indian Rung community must also be allowed without delay," said Jeevan Singh, president of the traders' union. "We met central ministers and urged them to restart the border trade," he added. In 2019, 40 traders left unsold goods in godowns and shops, with an estimated Rs 2 crore worth of items stuck in the Chinese mandi at Taklakot, said Singh.