New Delhi, Nov. 3 -- InterGlobe Aviation Ltd, which operates IndiGo airlines, is expected to post a muted performance for July-September (Q2FY26), weighed down by geopolitical tensions, airport closures, and weak travel sentiment.

These factors are also likely to weigh on the airline's earnings in the first half of the year (H1FY26). While Indigo may post muted earnings sequentially, its performance could be better than the year-ago period.

In the year-ago period, the airline posted a loss, primarily because of a high number of aircraft groundings.

Domestic air traffic, which forms nearly 80% of India's aviation market, continues to show signs of a slowdown. Passenger traffic fell 3% year-on-year in July 2025 and 1.4% in August 2025, a...