newstodate.aero

May 30, 2023 (newstodate): With a fresh follow-up contract, Nordic Aviation Capital has expanded its cooperation with the Indian low-cost carrier IndiGo.
   Announced on May 29, 2023, Nordic Aviation Capital has executed a purchase lease-back agreement for an additional two A321neo and one ATR 72-600 aircraft.
   The cooperation between the two parties started in November 2022, when Nordic Aviation Capital completed a purchase lease-back arrangement with IndiGo for two A321neo and two ATR72-600 aircraft.
   IndiGo is India's largest low-cost passenger airline, serving 100 destinations, 74 domestic and 26 international destinations.
   In the fleet of IndiGo are now 308 aircraft, including 79 Airbus A321neo, making it the largest operator of this type, as well as 39 ATR72-600 aircraft.
   The airline's order book is not less impressive, with 498 new aircraft to be added in the coming few years