BOC Aviation concluded with the Indian company Indigo a leasing transaction (finance lease) relating to ten Airbus A320neo .
The ten single-aisle aircraft are all powered by CFM LEAP-1A engines and are expected to be delivered to IndiGo this year. ” We are pleased to strengthen our partnership with BOC Aviation with the lease agreement for these 10 aircraft. This extended collaboration with BOC Aviation is part of our expansion strategy in national and international markets. India is currently one of the fastest growing civil aviation markets in the world and these aircraft will help IndiGo consolidate its position in the region. said Riyaz Peer Mohamed, Director of Aircraft Acquisition and Finance at IndiGo.
IndiGo is one of the fastest growing low cost companies in the world. With its fleet of over 300 aircraft, it operates approximately 1,900 daily flights be linked 79 domestic destinations in India and will soon expand its presence to 32 international destinations. In June, at the Paris Air Show, it placed a record order for 500 A320neo family aircraft. She is currently in negotiations to order long-haul flights.
Based in Singapore, BOC Aviation is a leading global aircraft operating leasing company with a fleet of 652 owned, managed and on order aircraft. Its owned and managed fleet was leased to 91 airlines in 42 countries and regions around the world as of June 30, 2023.