IndiGo shares in focus after DGCA extends lease for Turkish Airlines jets

Shares of InterGlobe Aviation, the operator of IndiGo, are likely to be in sharp focus on Friday after India’s aviation regulator DGCA granted the airline a six-month extension to operate two leased Boeing 777 aircraft from Turkish Airlines.

The extension, valid till February 28, 2026, was granted under a wet/damp lease arrangement, subject to certain regulatory conditions.