Emirates NBD, a leading banking group in the MENAT region, has executed a finance lease facility with IndiGo to support the acquisition of two Airbus A321neo aircraft.
This financing comes as IndiGo, India's largest domestic airline, expands its fleet and international footprint to meet rising demand for air travel.
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.
Author's summary: Emirates NBD finances IndiGo's aircraft acquisition.