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IndiGo, BOC Aviation enter into finance lease transaction for 10 Airbus aircraft

24 Aug 2023 Evaluate

InterGlobe Aviation (IndiGo) and Singapore-headquartered BOC Aviation have entered into a finance lease transaction involving 10 Airbus A320NEO aircraft to further expand its fleet. All 10 aircraft powered by CFM LEAP-1A engines are scheduled for delivery in 2023.

This extended collaboration with BOC Aviation is part of IndiGo's expansion strategy across domestic and international markets. BOC Aviation is a leading global aircraft operating leasing company with a fleet of 652 aircraft owned, managed and on order.

InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.


Peers
Company Name CMP
Interglobe Aviation 4899.10
SpiceJet 8.49
Raymond 978.05
TAAL Tech 5412.85
Taneja Aerospace 266.50
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