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05Dec 2024

India to Relax Wet-Leasing Norms for Airlines

Why in the news? The Indian government is set to relax wet-leasing regulations, allowing airlines to expand and launch new routes amid aircraft supply delays, benefiting carriers like IndiGo, SpiceJet, and Air India while supporting growth in the aviation sector. About Policy Changes for Wet-Leasing Aircraft: Relaxed Regulations: The Indian government is set to announce …

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