India eases aircraft leasing rules to boost long-haul flights, aiming to become a global aviation hub.

India is considering easing aircraft leasing rules to boost long-haul flights, allowing wet leases for up to 18 months, up from six months. This move aims to address aircraft shortages and maintenance issues. IndiGo, the country's largest airline, plans to carry 112 million passengers in 2024 and is exploring interim solutions like leasing six Boeing 787s to expand its international presence ahead of scheduled deliveries of 30 A350 planes in 2027. The reforms could help India become a global aviation hub.

3 months ago
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