BOC Aviation Limited has signed purchase-and-leaseback agreements with InterGlobe Aviation Ltd (IndiGo) for eight new Airbus A320NEO aircraft. The addition of these eight A320NEO aircraft demonstrates our confidence in the future growth of the aviation market in India, said Riyaz Peermohamed, Chief Aircraft Acquisition & Financing Officer, IndiGo. The aircraft will be powered by CFM Leap engines and are scheduled to be delivered in the second half of 2021, the Singapore-based aircraft leasing company said in a release on Monday. This incremental capital expenditure also reflects our disciplined investment strategy throughout the cycle, focused on building a portfolio of the latest technology aircraft, said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation.
BOC Aviation signs purchase-leaseback agreements with Indigo for eight new A320 aircrafts
The aircraft will be powered by CFM Leap engines and are scheduled to be delivered in the second half of 2021.
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SINGAPORE: BOC Aviation Limited has signed purchase-and-leaseback agreements with InterGlobe Aviation Ltd (IndiGo) for eight new Airbus A320NEO aircraft. The addition of these eight A320NEO aircraft demonstrates our confidence in the future growth of the aviation market in India, said Riyaz Peermohamed, Chief Aircraft Acquisition & Financing Officer, IndiGo.
The aircraft will be powered by CFM Leap engines and are scheduled to be delivered in the second half of 2021, the Singapore-based aircraft leasing company said in a release on Monday. This incremental capital expenditure also reflects our disciplined investment strategy throughout the cycle, focused on building a portfolio of the latest technology aircraft, said BOC Aviation M
BOC Aviation signs purchase and leaseback agreement with IndiGo for 8 new Airbus A320neo aircraft
BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has signed purchase-and-leaseback agreements with InterGlobe Aviation Ltd. (“IndiGo”) for eight new Airbus A320NEO aircraft. The aircraft will be powered by CFM Leap engines and are scheduled to be delivered in the second half of 2021.
Mr. Riyaz Peermohamed, Chief Aircraft Acquisition & Financing Officer, IndiGo, said: “We are pleased to further strengthen our existing relationship with BOC Aviation. The addition of these eight A320NEO aircraft demonstrates our confidence in the future growth of the aviation market in India.”