Emirates NBD Finalizes Finance Lease for IndiGo
Emirates NBD, a leading banking group in the MENAT region, has finalized an aircraft finance lease facility with IndiGo, India's largest domestic airline.
The facility provides financing for the acquisition of two Airbus A321neo aircraft, supporting IndiGo's expansion plans.
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.
- Emirates NBD expands its Aviation Desk's client servicing solutions.
- The facility positions Emirates NBD as a key liquidity provider for the aviation sector.
Author's summary: Emirates NBD finances IndiGo's aircraft acquisition.