Fri, Apr 08, 2011
Airliner Leased Back to IngiGo
IndiGo Airlines and Hong Kong Aviation Capital (HKAC) have
successfully closed the sale and lease back of a new Airbus A320
delivered on 30 March at the Airbus facility in Toulouse.
HKAC closed the delivery of the new aircraft with financing from
China Development Bank. The company now has a total of eight A320s
on lease to IndiGo.
"We are extremely pleased to have completed this transaction for
IndiGo Airlines and are looking forward to further enhancing our
relationship with the addition of another two aircraft later this
year, " said Donal Boylan, HKAC's Chief Executive Officer.
"We are delighted to have completed a further financing with
China Development Bank, and look forward to working closely with
CDB as our business grows," he said.
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