The Indian Airline Signs a Financing Agreement with BOC Aviation for Four Airbus A320NEOs

BOC Aviation Ltd, a Singaporean company, said on Wednesday that it has partnered with InterGlobe Aviation Ltd (IndiGo) on a finance leasing arrangement.

We continue to work closely with our long-time customer to support its expansion strategy as it builds a fleet of the latest technology fuel-efficient aircraft,

The engines of each aircraft are CFM LEAP-1A models. The delivery of all four aircraft is planned for 2024.

We are happy to announce that, through a lease agreement for four Airbus A320NEO aircraft, we have extended our partnership with BOC Aviation

According to BOC Aviation, all ten of the aircraft equipped with CFM LEAP-1A engines are expected to be delivered in 2023.

This showcases our ability to deploy alternative financing structures, to continue our long-term sustainable growth,” he stated.