Post by : Rameen Ariff

IndiGo has closed a finance-lease facility for two new Airbus A321neo aircraft arranged by Emirates NBD, a move that underscores India’s expanding footprint in global aviation. The transaction is notable as Emirates NBD’s inaugural aircraft finance lease, reflecting rising international appetite for India’s air travel market.

The agreement arrives as passenger traffic in India surges across domestic and international routes. For IndiGo, already the country's largest carrier, the financing supports its fleet-growth programme and underscores its drive to operate newer, more fuel-efficient planes.

Riyaz Peermohamed, IndiGo’s Chief Aircraft Acquisition and Financing Officer, said the arrangement highlights the airline’s strategy to broaden its funding mix and strengthen international partnerships. He welcomed the collaboration and signalled confidence in further cooperation with global lenders.

For Emirates NBD, the deal expands its presence in aviation finance. Ahmed Al Qassim, Group Head of Wholesale Banking at the bank, described the transaction as evidence of their capacity to craft bespoke financing solutions that back the expansion of global carriers and connect with India’s growing aviation sector.

The two A321neo aircraft will support IndiGo’s modernisation efforts by improving fuel efficiency and increasing capacity on busy routes. With one of the industry’s largest outstanding order books, the airline continues to invest in newer technology to enhance operational performance and environmental outcomes.

As India’s aviation industry accelerates into a new phase of growth, the IndiGo–Emirates NBD finance lease stands as a sign of international confidence, inventive financing and the ongoing momentum propelling the country’s skies.

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