is in focus as domestic air traffic dropped 6% year-on-year and 16% quarter-on-quarter in Q2 FY27. This marks the sharpest decline in at least the last five years.
Domestic passenger volumes fell across the industry in the quarter. IndiGo, as the largest carrier, faces direct pressure on load factors and yields. The sequential drop of 16% highlights weaker seasonal demand.
The key figures are the 6% YoY and 16% QoQ declines in Q2 FY27. This could weigh on IndiGo’s near-term revenue visibility. Peers such as SpiceJet, Air India and Akasa may also report softer volumes. Stock prices in the sector could stay under pressure until traffic recovers. Risks include higher fuel costs and weaker leisure travel. Competitors listed: SpiceJet, Air India, Akasa. We have no financial interest in this news.