Hong Kong Aviation Capital and IndiGo Airlines close sale and lease back on two Airbus A320

Hong Kong and Sydney, 30 June, 2011 – IndiGo Airlines and Hong Kong Aviation Capital (HKAC) have successfully closed the sale and lease back of two new Airbus A320 aircraft. IndiGo MSN 4752 and 4757 were delivered on 30 June at the Airbus facility in Toulouse. 

HKAC closed the delivery of the new aircraft assisted with financing from China Development Bank. 

HKAC now has a total of ten (10) A320s on lease to IndiGo. 

"We are extremely pleased to have completed this transaction for IndiGo Airlines and are looking forward to further opportunities for co-operation with IndiGo" 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".