IndiGo, Emirates NBD Inc First Aircraft Finance Deal

In a landmark move that highlights India’s growing dominance in global aviation, IndiGo has secured financing for two brand-new Airbus A321neo aircraft through a finance lease facility arranged by Emirates NBD. This deal marks Emirates NBD’s first-ever aircraft finance lease, signaling deepening international confidence in India’s fast-rising aviation market.

The partnership between IndiGo and Emirates NBD comes at a crucial time when India’s skies are busier than ever, with travel demand soaring across both domestic and international routes. For IndiGo, already India’s largest airline, this move strengthens its expansion strategy and reaffirms its commitment to offering more efficient, modern, and eco-friendly aircraft.

Riyaz Peermohamed, Chief Aircraft Acquisition and Financing Officer at IndiGo, said the deal reflects the airline’s focus on diversifying funding sources and building global relationships. “We are pleased to partner with Emirates NBD on this significant financing transaction and look forward to more collaborations ahead,” he noted, expressing optimism about the future of India’s aviation growth.

For Emirates NBD, one of the leading banks in the Middle East, this transaction opens new doors in the aviation sector. Ahmed Al Qassim, Group Head of Wholesale Banking at Emirates NBD, said, “This partnership showcases our ability to deliver tailored financing solutions that fuel the growth of global aviation. We’re proud to support IndiGo’s vision and India’s expanding air travel network.”

The two new A321neo aircraft will play a vital role in IndiGo’s fleet modernization program, designed to enhance fuel efficiency and boost capacity on high-demand routes. With one of the world’s largest aircraft order books, IndiGo continues to redefine air travel in India — flying higher, cleaner, and smarter.

As India’s aviation industry takes flight into a new era, this IndiGo–Emirates NBD deal stands as a powerful symbol of international trust, financial innovation, and the unstoppable momentum of the Indian skies