BOC Aviation signs purchase and leaseback agreement with IndiGo for 8 new Airbus A320neo aircraft

BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has signed purchase-and-leaseback agreements with InterGlobe Aviation Ltd. (“IndiGo”) for eight new Airbus A320NEO aircraft. The aircraft will be powered by CFM Leap engines and are scheduled to be delivered in the second half of 2021.

Mr. Riyaz Peermohamed, Chief Aircraft Acquisition & Financing Officer, IndiGo, said: “We are pleased to further strengthen our existing relationship with BOC Aviation. The addition of these eight A320NEO aircraft demonstrates our confidence in the future growth of the aviation market in India.”

IndiGo is India’s largest passenger airline with a market share of 53.9% as of December, 2020.

Since its inception in August 2006, the airline has grown from a carrier with one plane to a fleet of 279 aircraft today. A uniform fleet for each type of operation, high operational reliability and an award winning service make us one of the most reliable airlines in the world.

IndiGo has a total destination count of 90 with 66 domestic destinations and 24 International. This includes four destinations: Leh, Agra, Kurnool and Durgapur which are now open for sale. They include, Athens (ATH), Budapest (BUD), Brussels (BRU), Tel Aviv (TLV) , Malta (MLA), Paris (CDG) , Dublin (DUB), Copenhagen (CPH) , Prague (PRG), Vienna (VIE), Zurich (ZRH), Amsterdam (AMS),London Gatwick (LGW) and London Heathrow (LHR) .

IndiGo aircraft photo gallery:

IndiGo aircraft slide show: