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DAMP LEASING
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...- Higher airfares can price out people from flying: IATA Chief EconomistAirlines plan to increase ticket prices to offset rising fuel costs. This move might make flying unaffordable for some travelers. Jet fuel ...
- SpiceJet to induct 3 Airbus A320s on damp lease, ungrounds Boeing 737 MAXSpiceJet is adding three Airbus A320 aircraft on a damp lease basis. These planes will join the fleet in July 2026. The airline has also br...
- One Dreamliner leaves, six routes go dark, but IndiGo unveils 'bigger' FY30 ambitionsIndiGo unveiled an ambitious plan to nearly double its scale by FY30, targeting 200 million passengers annually. The airline will focus on ...
- IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Isra...
- IndiGo shares fall as airline halts Manchester flights amid soaring operational costsIndiGo shares fell after it temporarily suspended its flights to Manchester from August 31 due to extended airspace restrictions and soarin...
- IndiGo to suspend Manchester flights from Aug 31, return one leased Dreamliner amid rising costsIndiGo is pausing flights to and from Manchester starting August 31. This decision stems from prolonged airspace restrictions and increased...
- IndiGo soars 5% after Q4 results. What Goldman Sachs, Jefferies and others are sayingIndiGo's shares surged despite a Q4 FY26 net loss of Rs 2,536 crore, driven by Middle East conflict disruptions. Analysts remain largely po...
- DGCA grants 6-month extension to IndiGo for operating leased Turkish Airlines planesAviation regulator DGCA has granted IndiGo a six-month extension for damp leasing two Boeing 777 aircraft from Turkish Airlines, subject to...
- SpiceJet to induct five Boeing 737s ahead of winter season to cater peak demandSpiceJet is set to bolster its fleet with five more Boeing 737 aircraft under a damp lease agreement, primarily to meet the anticipated sur...
- SpiceJet to induct five more Boeing 737 ahead of winter rushSpiceJet is expanding its fleet. The airline will lease five more Boeing 737 aircraft. This is in preparation for the Winter 2025 travel se...
- IndiGo CEO responds to DGCA deadline to end Turkish lease, says it will help in finding solution for customersIndiGo receives a three-month extension from the DGCA for its damp-leased aircraft from Turkish Airlines. This extension, valid until Augus...
- Indigo signs pact with Norwegian low-cost carrier for aircraft leasingIndiGo has expanded its wide-body fleet by securing an agreement with Norse Atlantic Airways for two additional Boeing 787-9 Dreamliner air...
- IndiGo to damp lease three more Boeing 787-9 for international expansionIndiGo will expand its fleet with three additional Boeing 787-9 aircraft through a damp lease from Norse Atlantic Airways to launch more Eu...
- IndiGo signs damp lease agreement with Norse Atlantic Airways for Boeing 787-9 aircraftIndiGo has entered into an agreement with Norse Atlantic Airways to damp lease one Boeing 787-9 aircraft, set to begin operations in India ...
- IndiGo to damp lease Boeing 787 from Norse Atlantic AirwaysIndiGo will lease a Boeing 787-9 Dreamliner from Norse Atlantic Airways starting in March to expand into long-haul routes. The agreement in...
- DGCA to streamline norms for Indian airlines' wet-leased plane operationsIndia's aviation regulator, the DGCA, is streamlining regulations for wet-leasing aircraft to address rising travel demand and supply chain...
- DGCA proposes stricter norms for wet-leased plane operations by Indian airlinesThe Directorate General of Civil Aviation (DGCA) has proposed stricter norms for the oversight of wet-leased planes operated by Indian airl...
- Government eases rules; allows Indian carriers to wet lease wide-body planes for up to 1 yearTill now, wet leasing of wide-body planes was allowed only for up to six months. The country's largest airline IndiGo on Sunday said it app...
- Kingfisher considers damp lease option to fly overseasVijay Mallya’s plans to operate the one year-old Kingfisher Airlines on international routes could lead him to a ‘damp lease’ pact with a U...
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