Singapore’s BOC Aviation signs financing pact for 10 Airbus aircraft with IndiGo

Singapore, Singapore-headquartered BOC Aviation Limited and India’s largest airline IndiGo have entered into a finance lease transaction involving 10 Airbus A320NEO aircraft to further expand its fleet, officials said on Wednesday.

All 10 aircraft powered by CFM LEAP-1A engines are scheduled for delivery in 2023, said BOC Aviation.

“We are delighted to be embarking on another transaction with our long-time customer IndiGo, to enable the airline to expand its fleet with the latest technology aircraft,” said Steven Townend, Deputy Managing Director and Chief Financial Officer, BOC Aviation.

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