GE Capital Aviation Services (GECAS) along with other ventures have agreed to a purchase/leaseback (PLB) arrangement for 14 Airbus narrowbody aircraft with Indian budget airline IndiGo. Consisting seven A320neos and seven A321neos, powered by LEAP engines, the aircraft are scheduled to be delivered between the fourth quarter of 2021 and the middle of 2022. Considered India’s largest airline by passengers carried and fleet size, IndiGo currently has 176 A320s in service, with 12 parked, whilst … [Read more...] about GECAS to purchase 14 IndiGo Airbus neos for leaseback