The company had launched the employee share benefit scheme in early this year in January 2023 for the permanent staff of Air India and Air India Express.
A shortage of aircraft is hampering IndiGo airline operator Interglobe Aviation Ltd's efforts to ride a travel boom in India and globally, Chief Executive Officer Pieter Elbers said on Monday. "There's an opportunity in the markets where we would like to serve our customers and we cannot do it yet to the extent we would like to do that," Elbers told Reuters in an interview,
In order to fulfil the rising demand for air travel and the resulting delays in the delivery of new aircraft, InterGlobe Aviation Ltd, the owner of IndiGo, the leading airline in India, announced on Friday that it is considering "wet leasing" aircraft.
A "wet lease" arrangement is one in which the lessor provides the aircraft and personnel while still maintaining operational control of the flights.