Budget carriers SpiceJet and IndiGo have received authorisation from India’s aviation authority DGCA to lease aircraft ahead of the winter schedule.
The DGCA has given the go-ahead for SpiceJet, a domestic Indian low-cost carrier, to wet lease five Boeing 737 Max aircraft for a period of up to six months. Two of the aircraft have already been used by the airline on various routes, and three more will be added shortly. SpiceJet already has Boeing 737 Max aircraft in its fleet.
SpiceJet and IndiGo have been given the go-ahead to take planes on wet lease in order to meet the growing demand for the winter schedule, which starts on October 30. In a wet lease arrangement, the operational crew and engineers are leased along with the aircraft. Wet leasing of aircraft is typically permitted for brief durations to address supply issues and prevent a substantial increase in airfares.
DGCA allows IndiGo to wet lease Turkish Airlines’ Boeing planes for six months
The Directorate General of Civil Aviation (DGCA) gave its approval for taking the aircraft on wet lease earlier this month. Additionally, IndiGo has received approval from the DGCA to wet lease wide-body Boeing 777 aircraft for up to six months. These aircraft are typically used for long- and ultra-long-haul flights.
According to sources earlier in the day, the regulator rejected the airline’s request to keep them in the fleet for up to two years, stating that doing so might result in the diversion of traffic rights in an effort to work with a powerful foreign carrier and provide more Indian passengers for the latter’s hub abroad.
According to sources at IndiGo, the airline has requested an extension of the tenure for any aircraft that will be taken on wet lease in a letter to the civil aviation ministry.
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