Aviation Top Stories

IndiGo plans to lease 10 A320s

IndiGo plans to wet lease 10 Airbus A320 aircraft from an European carrier to tide over its engine woes.
Necessary approvals from the Directorate General of Civil Aviation (DGCA) are being obtained and the planes would be inducted from the next month onwards, said a person in the know.

“With the continuous rise in travel demand, we keep evaluating all possible measures to cater to our customers’ needs,“ IndiGo said in a statement, reports Aneesh Phadnis for The Hindu Business Line.

Under a wet lease arrangement, a lessor provides pilots, crew and engineering support to a lessee. The DGCA norms dictate conditions under which airlines can wet lease planes. Wet leases are permitted in emergency situations to fill passenger capacity shortage caused by aircraft grounding.

 

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