But while the tension has eased to some degree, with many foreign nations including the USA stepping in to urge calm and push for dialogue, the two long-time foes' military forces have continued to exchange fire, mostly shelling, along the disputed border in the Kashmir region. Their father was also critically injured.
Earlier this week, the IAF claimed that it had "fairly credible evidence" that its raids on the alleged Jaish-e-Mohammed camp had led to "massive damage", but said it would be premature to estimate casualties.
Shelling and firing of small arms began again Saturday after a lull of a few hours.
"UN chief Guterres welcomes the news of the release of the Indian pilot by Pakistani authorities", his spokesperson Stephane Dujarric told PTI when asked about the Secretary-General's response to the development. India's MiG-21 fighter upgraded by Russian Federation possesses combat capabilities identical to those of the F-16 of Pakistan's Air Force, the editor-in-chief of National Defense magazine, Igor Korotchenko, said about recent clashes involving these planes.
Global powers, including China and the United States, have urged restraint to prevent another conflict between the neighbours who have fought three wars since independence from Britain in 1947.
Tensions between India and Pakistan have been running high since Indian aircraft launched a strike in Pakistan on Tuesday in response to a February 14 suicide bombing in Indian-controlled Kashmir that killed 40 troops.
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Historically tense relations between neighbouring India and Pakistan went into a downward spiral after a Pakistan-based terrorist organisation claimed responsibility for a suicide attack that killed over 40 Indian soldiers last month.
Both sides accuse the other of breaching a ceasefire and no sign yet of any de-escalation of hostilities. Many of these villages dot the rugged and mountainous frontier, which is marked by razor wire, watch towers and bunkers amid tangled bushes, forests and fields of rice and corn. "Our jets were ready and we shot both of them down", Maj Gen Asif Ghafoor said.
In photos and videos shared by passengers on social media platforms, the couple, who came to Delhi on their way to Amritsar to bring their son home, can can be seen acknowledging the clapping, cheers and thank yous with nods of their heads. The family lives in Kishangarh bas in Alwar.
"There is no peace without dignity and Pakistan just forgot that basic lesson in violation of Geneva convention", wrote Rajdeep Sardesai, a top editor with the India Today group.
Wing Commander Abhinandan Varthaman was handed over to Indian officials on Friday at the only legal border crossing with Pakistan.
"We did not know whether we will get any shelter and how could we take our animals" with us, he said.
On Friday, four Indian troops and one civilian were killed in a clash with militants in the Indian-administered Kashmir, where a further three people were killed and one wounded from Pakistani shelling. Pakistan denies the charge, saying it provides moral and diplomatic support to Kashmiris fighting for right to self-determination.