Singapore-based BOC Aviation Ltd disclosed on Wednesday that it has finalized a finance lease deal with InterGlobe Aviation Ltd (IndiGo) for four Airbus A320NEO aircraft.
Steven Townend, Chief Executive Officer and Managing Director of BOC Aviation, expressed satisfaction with the agreement, stating, “We are pleased to be closing another four finance leases with IndiGo. 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 aircraft, all equipped with CFM LEAP-1A engines, are slated for delivery in 2024.
IndiGo’s Chief Aircraft Acquisition and Financing Officer, Riyaz Peermohamed, announced the extension of their partnership with BOC Aviation through the lease agreement, emphasizing the significance of these aircraft in advancing the company’s expansion plans and reinforcing its presence in both domestic and international markets.
Peermohamed added, “At IndiGo, we are dedicated to providing our customers with unparalleled travel experiences, and this partnership will allow us to continue delivering affordable, on-time, and hassle-free travel across our extensive 6E network.”
