Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has executed its aircraft finance lease facility with IndiGo, India’s preferred airline, providing financing to support the acquisition of two Airbus A321neo aircraft.
The financing comes as
IndiGo strengthens its position as India’s largest domestic airline.
With one of the
industry’s largest order books, IndiGo is expanding its fleet and international
footprint to connect more destinations and meet rising demand for air travel
across India and key global routes.
Ahmed Al Qassim, Group
Head of Wholesale Banking, Emirates NBD, said: "This transaction
underscores our ability to deliver bespoke financing structures to the aviation
industry. As we expand our Aviation Desk’s client servicing solutions,
executing this facility positions Emirates NBD as a key liquidity provider for the
aviation sector in the Middle East and internationally. With this announcement,
we continue to build upon Emirates NBD’s ambition to become a long-term
financial partner of choice in aviation and asset-based financing – offering
global reach, sector depth, and the flexibility required to support industry
growth.”
Riyaz Peermohamed, Chief Aircraft Acquisition and Financing Officer, IndiGo said: “We are pleased to partner with Emirates NBD on this financing transaction. We look forward to building on the success of this transaciton and further strenghten our relationship in future.” -TradeArabia News Service