IndiGo has been a surprise story over the past couple of years as it breaks away from the mould that observers have cast it, investors and everyone else. The airline has a significant focus on international expansion, and to this effect, it ordered the Airbus A350 last year, already has the Airbus A321XLR on order (of which they are the largest customer, of sorts), and now is working on launching operations to Western Europe.
IndiGo’s wet lease of 6 Norse Atlantic Airways’ 787 Aircraft
Over the Christmas—New Year break, it emerged that IndiGo will not wait until 2027 but will move in earlier to launch operations into Western Europe.
It now looks like IndiGo will close a deal to wet lease six Boeing 787-9 aircraft aircraft from Norse Atlantic Airways. With the wet lease agreement, Norse Atlantic would provide the planes and the cockpit crew, while IndiGo would market and sell the flights.
On 22 November 2024, the Company entered a detailed letter of intent (the “LOI”) with a reputable international airline for wet lease agreements (“wet lease”) for six aircraft, subject to final agreements, mutual corporate approvals and regulatory approvals. The initial contract term could be further extended, subject to regulatory approval, to cover a longer-term period, with an estimated contract value of USD 462 million over that extended term. Pursuant to the LOI, and provided final agreements are executed based on the terms therein, two aircraft are expected to be deployed in February 2025, with an additional four aircraft expected in September 2025. Norse will be entitled to payment for 350 block hours per aircraft each month, with additional payments possible if utilization exceeds 350 hours per month.
IndiGo reportedly planned to launch long-haul flights to destinations like London and Paris, which might still not be operational with the early A321XLRs.
IndiGo is also trying to move up its slots from Airbus for the delivery of the A350-900 aircraft on order.
IndiGo is now recruiting Station Managers for London, Amsterdam and Paris.
Today, the Economic Times reported that IndiGo has opened the roles of station managers and chief security officers for stations to be established in London, Heathrow, Amsterdam, and Paris to internal candidates. This is an interesting move for the airline, as it solidifies the earlier moves, such as the Wet Lease Deals being sewn up. While it is not an easy task to get slots at some of these airports, one must not forget that Paris and Amsterdam could work with the new CEO of the airline, who comes from the KLM/Air France Group, to provide Slots. Six Planes and three stations work up perfectly.
What does not fit in in this scheme of things is IndiGo’s recent slot allocation to operate flights to Manchester. Over the past week, IndiGo has also received slots to operate a daily flight between Delhi and Manchester. The route was filed to be operated with a Boeing 787-9, and the intended start date of the flight is July 1, 2025. Flight 6E31 is intended to arrive in Manchester at 07:55 am GMT. The return flight, 6E32, will depart from Manchester at 10:55 am GMT.
IndiGo might launch for Manchester while it works to get slots at London Heathrow, where it intends to go, rather than one of the other London airports.
This is a great move, as IndiGo will be able to start getting slots and bilateral allocations. Hence, open routes rather than wait for their A350 to arrive and not lose out on the Indian side’s allocations to Air India.
Bottomline
IndiGo is getting ready to get across Europe and land in London, Paris, and Amsterdam with six 787-9 aircraft, for which it has purportedly already sewn up a deal. The airline is now recruiting for the station head roles and will start building a team or hiring a ground handling agency to help them with tasks after the first station heads are appointed.
What do you make of IndiGo’s plans to accelerate its arrival in Western Europe?
Liked our articles and our efforts? Please pay an amount you are comfortable with; an amount you believe is the fair price for the content you have consumed. Please enter an amount in the box below and click on the button to pay; you can use Netbanking, Debit/Credit Cards, UPI, QR codes, or any Wallet to pay. Every contribution helps cover the cost of the content generated for your benefit.
(Important: to receive confirmation and details of your transaction, please enter a valid email address in the pop-up form that will appear after you click the ‘Pay Now’ button. For international transactions, use Paypal to process the transaction.)
We are not putting our articles behind any paywall where you are asked to pay before you read an article. We are asking you to pay after you have read the article if you are satisfied with the quality and our efforts.
Leave a Reply