Norse Atlantic Airways has signed a firm wet lease agreement for one Boeing 787 Dreamliner with IndiGo. The 787 is expected to start operations in March 2025, serving long-haul routes out of India.
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The initial term of the Agreement is 6 months, extendable to up to 18 months, subject to regulatory approvals. Both Parties remain committed to explore opportunities to further extend this period, subject to regulatory approvals. Norse and Indigo continue exploring opportunities to contract additional aircraft and increase their collaboration further.
The commercial terms of the wet lease agreement for one aircraft are in line with what was communicated by Norse in the announcement of the LOI on 29 November 2024.