AGP Executive Report
Last update: 6 hours agoAviation Demand: IATA says global passenger traffic saw its first year-on-year drop since the post-pandemic recovery, with April revenue passenger kilometers down 3.4% as Middle East carriers’ traffic plunged 46.6% amid conflict-linked disruptions and fuel spikes. Urban Rail Disruption: A Penn Station tunnel fire involving an Amtrak contractor maintenance vehicle triggered serious injuries, major delays, and diversions across Amtrak, LIRR and NJ Transit. EV Supply Chain: Ashok Leyland plans EV battery pack production at a plant near Chennai starting in FY28’s first half, aiming to localize key components and cut cost pressure for electric buses and e-LCVs. Freight Infrastructure: India’s freight shift push needs 216 multimodal logistics parks by 2047, with CII/Knight Frank citing weak links between industrial clusters and rail terminals. Fuel & Policy: India is moving toward E25 petrol after talks with automakers, with a 2–3 year transition and vehicle testing concerns for older fleets. Logistics & Air Cargo: China’s Jiaxing Nanhu Airport completed its first international cargo flight, expanding YTO Cargo’s global route plans. Public Transport Support: Delhi CM announced free DTC bus travel for NEET (UG) re-test candidates, easing exam-day transport costs.
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