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Fri, Apr 08, 2011

Hong Kong Aviation Capital Closes Sale On New Airbus A320

Airliner Leased Back to IngiGo

IndiGo Airlines and Hong Kong Aviation Capital (HKAC) have successfully closed the sale and lease back of a new Airbus A320 delivered on 30 March at the Airbus facility in Toulouse.


File Photo

HKAC closed the delivery of the new aircraft with financing from China Development Bank. The company now has a total of eight A320s on lease to IndiGo.

"We are extremely pleased to have completed this transaction for IndiGo Airlines and are looking forward to further enhancing our relationship with the addition of another two aircraft later this year, " said Donal Boylan, HKAC's Chief Executive Officer.

"We are delighted to have completed a further financing with China Development Bank, and look forward to working closely with CDB as our business grows," he said.

FMI: www.hongkongaviation.com

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