BusinessPhoto: Business StandardIndigo Signs $328M Deal with Citi to Buy 8 Airbus Aircraft
Indigo, India's largest airline, has signed a $328 million financing deal with Citi to purchase eight narrow-body Airbus planes, including six A321s and two A320s. This is the world's first aviation financing insured by Belgian export credit agency Credendo and the first ECA-backed aircraft financing through GIFT IFSC. Citi acted as sole arranger and lender, with Credendo providing credit insurance, supporting Indigo's fleet and network expansion.
Business Standard·
