🚨BREAKING: 68 Lakh passengers gone in one quarter. India’s biggest airline is already being marked for a loss.
Domestic air traffic in Q2FY27 stood at 3.67 crore passengers, against 4.35 crore in Q1FY27 and 3.89 crore in Q2FY26. That is a 16% sequential crash and a 6% fall year on year the sharpest quarterly drop in at least five years.
Jefferies and Goldman Sachs see IndiGo’s Q2 net loss, before forex, at about Rs.695 crore. Forex hit on top: roughly ₹1,000 crore.
Market leader. Empty seats. Costs that do not fall with traffic. The Q2 print is the test.
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