BOC Aviation and IndiGo (InterGlobe Aviation) have entered into a finance lease agreement for four Airbus A320neo aircraft.
The aircraft will be powered by CFM LEAP-1A engines and are scheduled for delivery in 2024.
“We are pleased to be closing another four finance leases with IndiGo,” said Steven Townend, Chief Executive Officer and Managing Director of BOC Aviation. “We continue to work closely with our long-time customer to support its expansion strategy as it builds a fleet of latest-technology fuel-efficient aircraft. This is our first transaction in the year of the dragon, and it sets the tone for the year as we continue growing our fleet by investing in latest-generation aircraft and partnering with high-quality customers.”
“These aircraft will be instrumental in supporting our expansion plans and strengthening our position in both domestic and international markets,” said Riyaz Peermohamed, Chief Aircraft Acquisition and Financing Officer, IndiGo. “At IndiGo, we are dedicated to providing our customers with unparalleled travel experiences, and this partnership will allow us to continue delivering affordable, on-time, and hassle-free travel across our extensive 6E network.”
Image: Airbus
