Indian low-cost airline IndiGo has signed a US$2.6 billion deal with Industrial and Commercial Bank of China Ltd (ICBC) for the lender to finance more than 30 new aircraft. The announcement comes on the day Chinese President Xi Jinping arrived in India, where the two countries are expected to sign trade and investment deals worth billions of dollars. Through this deal, ICBC will provide IndiGo with financing for the aircraft through either a sale and leaseback, financial lease or … [Read more...] about IndiGo Iinks US$2.6B aircraft finance deal
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Air Lease to place two B777-300ERs with KLM
Air Lease announced long-term lease agreements with KLM for two additional new Boeing 777-300ER aircraft, scheduled for delivery in the second half of 2016 and early 2017. These aircraft placements are in addition to the two new 777-300ER aircraft scheduled for lease from ALC to KLM in early 2015 and early 2016, all from ALC’s order book. “KLM is one of our key and strategic European airline customers. This placement of four new Boeing 777-300ERs continues our long and excellent … [Read more...] about Air Lease to place two B777-300ERs with KLM
