Weekly News Debrief: 25-31 August

 Indian Airlines Allowed to Lease Turkish Aircraft:

  • Indigo and SpiceJet have been cleared by the DGCA (Directorate General of Civil Aviation) to lease Turkish registered aircraft.
  • This comes after civil aviation ties with turkey were cutoff about 3 months ago, because several drones launched into India by Pakistan were off Turkish origin during the conflict in May.
  • Indigo has received permission to extend its lease for its two Boeing 777-300ERs from Turkish Airlines.
  • Similarly, SpiceJet has received permission to lease 5 B737s from a Turkish Airlines subsidiary- Corendon Airlines.

InterGlobe Aviation's Shares drop by 4%:
  • The stocks of InterGlobe Aviation, Indigo's parent company, have dropped by 4%.
  • This is because Rakesh Ganganwal's family sold their 1.3% stack for INR 2,933 crore.



Aegean New Routes:
  • The Greek airline Aegean has declared new routes from Athens (ATH / LGAV) to New Delhi (DEL / VIDP) and Mumbai (BOM / VAAB).
  • These routes are supposed to start operating in early 2026.
  • They will be flown by two brand-new (just ordered by Aegean) A321neo XLR aircraft.
  • They aim to begin with 5 weekly flights to New Delhi followed by 3 to Mumbai.
  • Flying long-haul routes in such narrow bodies is an interesting concept with a plethora of both advantages and disadvantages. Click here to view an article about the same.
  • The aircraft will have 138 seats including 24 lie-flat business class seats.
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