In a sudden shift of policy, the Indian government has softened its stance towards Turkey and has done the unexpected and resumed aviation cooperation with Turkey. About 3months back Indian airlines were ordered to discontinue Turkish-linked aircraft leasing, and now in a shift of events these agreements are getting extensions. This deal, for better or worse, signals a shift in strategy. It’s now about safeguarding the day-to-day functioning of Indian airlines amid a swirl of diplomatic tension.
What is a Wet Lease?In the Aviation Industry, a wet lease is an arrangement where (lessor) provides an aircraft along with crew, maintenance, and insurance (ACMI) to another airline (lessee). Then lessee is the in charge of the roles like fuel, airport fees, and route operations. |
This decision of resumption of Turkish aviation exemplifies the strategic balancing act. This move recognises the importance of geopolitical caution while ensuring airlines remain competitive in long-haul markets. In this step of securing extended access to wide-body jets, the government has prioritized passenger convenience and airline stability, signaling a shift towards more adaptive aviation diplomacy.
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Batch Start From 6th Jan & 10th Jan 2025
Batch Start From 10th Jan 2025
Batch Start From 10th Jan 2025