Friday, November 22, 2024

IndiGo gets green signal to wet lease planes for US, Canada operations

It could not be immediately ascertained whether IndiGo had firmed up plans to operate flights to the US and Canada. Indian carriers require approval from the ministry to wet lease aircraft

A top official claimed that the Indian Civil Aviation Ministry had given India’s largest airline, IndiGo, permission to wet lease up to two aircraft in order to operate flights to the United States and Canada, reported PTI.

In February, IndiGo began using the wide-body Boeing 777 on the Delhi-Istanbul route for the first time. Turkish Airlines has granted wet lease access to the aircraft. The ministry has given the airline the go-ahead to wet lease two aircraft for use on this route.

It could not be immediately ascertained whether IndiGo had firmed up plans to operate flights to the US and Canada. Indian carriers require approval from the ministry to wet lease aircraft.

Under the wet lease arrangement, planes are leased along with the operating crew and engineers. Generally, wet leasing of planes is allowed for short periods to tackle supply constraints and ensure that airfares do not surge significantly.

In an interview to PTI in February, IndiGo CEO Pieter Elbers said the airline had always kept the option of wide-body aircraft open but did not divulge specific details. “IndiGo has never ruled out any option. We do have a significant order book. We have almost 500 aircraft on order… We have a steady stream of deliveries coming. Our focus and emphasis will be on that part. We do have the XLRs order that will further stretch the range of operations for IndiGo,” he had said.

According to reports, the airline and Turkish Airlines had sought the US authority’s approval for codeshare flights to the US. “We are constantly exploring opportunities to cater to customer demand for air travel to newer geographies,” the airline said in the statement. Codesharing allows an airline to book its passengers on its partner carriers and provide seamless travel to destinations where it has no presence

Meanwhile, IndiGo, in a statement said the airline was constantly in talks with the manufacturers as “we plan our next phase of growth” amid reports that it was looking to place a significant order for planes. “However, we haven’t finalised anything till now. We do not comment on speculations and will share information as and when we have an update,” the IndiGo spokesperson said in a statement on March 3.

Last month, aviation consultancy CAPA said that IndiGo could place orders for 500 aircraft. IndiGo had planned to place a significant order of around 300 aircraft before COVID-19 but deferred it due to the pandemic. This is now likely to proceed and could be even larger than previously envisaged, increasing to around 500 aircraft now, it had said.

Currently, IndiGo has more than 300 planes in its fleet. In a separate statement on March 3, IndiGo said its “application with Turkish Airlines is part of our codeshare expansion to offer access to a wider network”.

According to reports, the airline and Turkish Airlines had sought the US authority’s approval for codeshare flights to the US. “We are constantly exploring opportunities to cater to customer demand for air travel to newer geographies,” the airline said in the statement. Codesharing allows an airline to book its passengers on its partner carriers and provide seamless travel to destinations where it has no presence.

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Suhani Singh
Suhani Singh
Suhani Singh is a travel and hospitality professional. Her areas of interest are business development and travel advisory.

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