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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
West Asia conflict hits air travel, international passeng...
2026-04-24 · via Economy News, Latest Economic News Today | The HinduBusinessLine
The biggest traffic drop of 12 per cent in traffic was seen in Hyderabad and Kochi

The biggest traffic drop of 12 per cent in traffic was seen in Hyderabad and Kochi | Photo Credit: SAMPATH KUMAR GP

 Passenger traffic at Indian airports fell 4.4 per cent on year on year basis to 34.5 million in March dragged down by 18.5 per cent drop in international volume, data compiled by Airports Authority of India (AAI) shows.

While domestic traffic declined by 1.3 per cent to 29.1 million, international footfalls fell sharply by 18.5 per cent to 5.3 million as a consequence of the ongoing conflict in West Asia.

Previously a decline in traffic was registered last December due to disruption of IndiGo’s flights.

Airspace Curbs

Among the country’s ten busiest airports - only Pune showed a growth of 8.1 per cent in traffic (domestic plus international). Growth at Bengaluru was flat while Delhi airport showed minor 0.2 per cent decline in traffic. The biggest drop of 12 per cent in traffic was seen in Hyderabad and Kochi, AAI data shows.

Indian and overseas carriers cut flights due to airspace restrictions last month. Air India Express flew 60 per cent fewer international flights in March on a month on month basis and IndiGo had 35 per cent less flights.

While airspaces restrictions in West Asia are being eased, Indian carriers are still not operating to Bahrain, Kuwait and Qatar. 

Tense and Muted

Within the international segment biggest percentage drop in traffic was seen at Nagpur (93.7), Kannur (92.4), Goa Dabolim (85.3) and Madurai (84). 

While Kochi and Thiruvananthapuram saw 36 per cent and 38 per cent decline in international traffic, Kozhikode saw a drop of 47.4 per cent.

Travel agents say demand for outbound travel in May remains muted with high airfares.

“Demand for domestic travel is at similar level or slightly higher compared to last year but demand for overseas travel is down 25-30 per cent due to higher airfares, rupee depreciation and general safety issues as West Asia remains tense despite ceasefire,” said Rajiv Mehra, General Secretary, Federation of Associations in Indian Tourism and Hospitality

Published on April 24, 2026