Govt allows Indian airlines to wet lease wide-body planes for a year

The civil aviation ministry has allowed Indian airlines to take wide-body planes on wet lease for up to one year as it pursues efforts to make the country a key international hub for air traffic.

A senior ministry official on Sunday said the rules have been relaxed and airlines that seek to operate wide-body planes will be permitted to operate such aircraft on wet lease for up to one year.

Till now, wet leasing of wide-body planes was allowed only for up to six months.

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