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BOC Aviation to Lease Eight New A320NEO Aircrafts to IndiGo, Delivery by H2 2021

Image for representation.

Image for representation.

These aircrafts will be powered by 'CFM Leap' engines and are scheduled to be delivered in the second half of 2021 ahead of IndiGo's expansion to various cities across India.

Global aircraft leasing company BOC Aviation on Monday said it has signed a purchase-and-leaseback agreements with InterGlobe Aviation for eight new Airbus A320NEO aircraft. Accordingly, these aircraft will be powered by ‘CFM Leap’ engines and are scheduled to be delivered in the second half of 2021. “The addition of these eight A320 neo aircraft demonstrates our confidence in the future growth of the aviation market in India," said Riyaz Peermohamed, Chief Aircraft Acquisition & Financing Officer, IndiGo.

BOC Aviation has a fleet of 553 aircraft owned, managed and on order. Its owned and managed fleet was leased to 87 airlines worldwide in 39 countries and regions as on December 31, 2020. On February 11, IndiGo said it will start 22 new flights from March 28 onwards from various cities including Agartala, Bhubaneswar, Jaipur, Chennai, Bengaluru, Patna and Tirupati.

"IndiGo will operate new flights between Agartala-Aizawl under RCS (regional connectivity scheme) and exclusive flights between Bhubaneswar-Patna, Jaipur-Vadodara, Chennai-Vadodara, Bengaluru-Shirdi, Patna-Kochi, and Rajahmundry-Tirupati," the airline said in a release.

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It will also commence flights between Kolkata-Gaya, Cochin-Trivandrum, Jaipur-Surat, Chennai-Surat from March 28 onwards, the release said. Indian carriers have been focusing more on domestic routes post coronavirus lockdown last year as scheduled international flights remain suspended in the country since March 23 last year.

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