India's foremost low-cost airline, IndiGo Airlines (6E), is once again exploring wet leasing to address its operational hurdles. This time, the airline is reportedly considering the addition of Boeing 787 Dreamliners to its predominantly Airbus fleet.

Should this agreement come to fruition, it would represent a pivotal move for IndiGo in diversifying its fleet to meet the increasing demand and mitigate operational challenges. Sources suggest that this development is nearly confirmed.

Recent reports indicate that IndiGo is in advanced negotiations with Norse Atlantic Airways (N0) to wet-lease six Boeing 787s. This strategy appears to be a response to ongoing engine-related issues that have grounded a significant portion of IndiGo’s fleet, prompting the airline to seek external solutions to sustain its current network and facilitate expansion.

The wet-leased aircraft are expected to enable the airline to service high-demand international routes, particularly given the 787’s long-haul operational capabilities.

Norse Atlantic Airways (N0), based in Norway, is a low-cost, long-haul carrier headquartered in Arendal. The airline operates a fleet exclusively composed of Boeing 787-9 Dreamliners, currently managing 12 aircraft configured with high-density seating to cater to budget-conscious travelers.

Norse Atlantic’s emphasis on cost-efficient long-haul operations aligns well with IndiGo’s low-cost business model, making it a suitable partner for this wet-lease arrangement.

While additional details are still forthcoming, the potential integration of Boeing 787s into IndiGo’s fleet underscores the airline’s strategy to navigate its current challenges.

With an extensive domestic network and ambitious plans for international expansion, IndiGo aims to maintain its leadership position in Indian aviation despite the obstacles it encounters.

IndiGo may also be seeking to capture market share on key international routes, particularly in competition with Air India (AI), which has substantial orders for wide-body aircraft.

The temporary introduction of the Boeing 787 Dreamliner may signal IndiGo's intention to explore new operational capabilities as it assesses its future fleet strategy, particularly regarding the planned incorporation of A350s in the upcoming years.

Renowned for its fuel efficiency, passenger comfort, and suitability for long-haul flights, the Boeing 787 Dreamliner could present new opportunities for IndiGo's operational landscape.

Historically, IndiGo has maintained an all-Airbus fleet since its inception. However, in recent years, the airline has made notable strides in diversifying its aircraft lineup. In 2023, IndiGo took a significant step by introducing the 777-300ER on a wet lease from Turkish Airlines, marking its first foray into Boeing aircraft.

These 777-300ERs are designated for exclusive operation on routes between India and Turkey, specifically servicing the Delhi and Mumbai-Istanbul routes.

In 2024, IndiGo further expanded its Boeing presence by adding 737 MAX-8s on a wet lease from Qatar Airways, which are now exclusively utilized on the India-Doha route.

Additionally, in December 2024, the airline welcomed another six 737 MAX-8s on a wet lease from Corendon Airlines, which are being operated solely from Chennai (MAA).

Looking ahead to 2025, IndiGo plans to introduce Boeing 787-9s, representing a significant advancement in its fleet composition. Should the agreement with Norse Atlantic Airways be finalized, IndiGo will operate a mixed fleet that includes 737 MAX-8s, 777-300ERs, and 787-9s, alongside its traditional Airbus A320 and A321 family aircraft.

This will mark the first instance of the airline independently incorporating widebody aircraft, as the previously leased 777-300ERs from Turkish Airlines were restricted to India-Turkey routes only, limiting their operational flexibility.

IndiGo is planning to utilize its leased Boeing 787-9 Dreamliners to launch flights to Europe. If all goes according to plan, the airline anticipates the arrival of its first two aircraft by February 2025, with the goal of incorporating all six Dreamliners by September 2025.

The airline is currently considering London Heathrow (LHR) and Paris Charles de Gaulle (CDG) as its primary long-haul destinations. The range and efficiency of the Boeing 787-9 will enable IndiGo to provide a smooth travel experience between India and Europe, catering to the increasing demand for direct flights.

This initiative represents a significant development in IndiGo's network strategy, allowing the airline to extend its reach beyond its established short-haul and medium-haul markets while maintaining its commitment to cost-effectiveness and high service standards.

Why target Europe?

London and Paris host substantial Indian communities, which strengthen cultural connections, and both cities are major hubs for business travelers due to their economic importance on a global scale.

As of 2023, there are approximately 1,864,318 Indians residing in the United Kingdom, making up 3.1% of the total population. A large portion of this community is concentrated in western London, indicating that London is likely to be one of the first destinations IndiGo (6E) will target. Additionally, the London Heathrow (LHR) to India route is the busiest in the India-Europe corridor.

Similarly, France has a notable Indian population, with around 549,000 Indian nationals living there. Furthermore, nearly 700,000 Indian tourists visited France in 2023, highlighting its appeal as a tourist destination for Indians. IndiGo's low-cost business model aligns well with this market opportunity.

IndiGo may consider launching its international flights from Delhi (DEL) and Mumbai (BOM), as these cities serve as key hubs for international travel. Establishing routes from these locations to Europe would be a strategic move for the airline.

The initial routes could likely include Delhi (DEL) to London-Heathrow (LHR) and Mumbai (BOM) to London-Heathrow (LHR), given the significant demand for travel between these Indian cities and London. However, a critical challenge remains: can the airline secure the necessary slots at London-Heathrow? Air India (AI) has faced difficulties in this regard, having repeatedly requested slots without success.

If securing slots at London-Heathrow proves problematic, IndiGo (6E) might consider London-Gatwick (LGW) as an alternative. Operating from Gatwick could also be more cost-effective for the airline compared to Heathrow.

Additionally, Bengaluru (BLR), which is IndiGo’s second-largest hub after Delhi (DEL), could see the introduction of European routes if the airline opts to deploy wide-body aircraft beyond its primary hubs.

IndiGo's ongoing wet-leasing of aircraft demonstrates its dedication to addressing market demand, ensuring schedule reliability, and expanding its presence in the global aviation sector.

The long-term implications of this temporary strategy on IndiGo’s fleet remain uncertain, but the introduction of Boeing 787-9 Dreamliners could significantly impact the airline's operations.