Indian carrier, IndiGo, has funded four A320neo aircraft with a sale-leaseback transaction with institutional investors advised by JP Morgan Global Alternative’s Global Transportation Group (GTG). The jets are being delivered from Airbus in January and February 2024 and will be powered by CFM LEAP-1A26 engines. “The Indian economy is on a trajectory of growth right now and the country is one of the fastest growing civil aviation markets in the world,” said Riyaz Peermohamed, chief aircraft acquisition and financing officer of IndiGo. “As the industry leader, we are looking to consolidate our position by expanding our network both in domestic

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