Norse Atlantic Signs Wet Lease Agreement with IndiGo to Support Long-Haul Expansion
Norse Atlantic has signed a wet lease agreement with Indian airline IndiGo, allowing the latter to continue its expansion into the long-haul flight market.
This agreement stems from the Letter of Intent (LOI) announced by Norse on November 29, 2024, which outlined the lease of six aircraft to a prestigious international airline. The newly signed contract with IndiGo initially covers one aircraft, which will begin operating in March 2025 on long-haul routes from India.
The agreement has an initial duration of six months, with the possibility of extension up to 18 months, subject to regulatory approvals. Both parties have expressed interest in exploring further opportunities to extend their collaboration.
IndiGo, India’s largest airline by passenger volume and fleet size, is also among the largest airlines in Asia and globally. In 2024, it carried over 113 million passengers. Currently focused on short- and medium-haul routes, the airline is expanding into the long-haul segment. As part of this strategy, IndiGo has ordered 30 Airbus A350-900 aircraft, with an option for 70 additional units, set for delivery starting in 2027.
Bjorn Tore Larsen, CEO and founder of Norse Atlantic Airways, emphasized the significance of this agreement: "This deal marks a key milestone for Norse as we partner with one of the world's largest and most respected airlines. We look forward to supporting IndiGo’s long-haul expansion and providing an exceptional travel experience for its passengers."
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