Emirates NBD provides finance for Indigo's two new A321neo aircraft

06/11/2025 03:51 AST

Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has successfully executed its aircraft finance lease facility with IndiGo, an Indian airline, providing financing to support the acquisition of two Airbus A321neo aircraft.

This transaction underscores Emirates NBD's dedicated Aviation Desk's commitment to supporting the growth of the aviation sector in India, said a statement.

The financing comes as IndiGo strengthens its position as India's largest domestic airline. With one of the industry's largest order books, IndiGo is expanding its fleet and international footprint to connect more destinations and meet rising demand for air travel across India and key global routes.

Ahmed Al Qassim, Group Head of Wholesale Banking, Emirates NBD, said: "This transaction underscores our ability to deliver bespoke financing structures to the aviation industry. As we expand our Aviation Desk's client servicing solutions, executing this facility positions Emirates NBD as a key liquidity provider for the aviation sector in the Middle East and internationally. With this announcement, we continue to build upon Emirates NBD's ambition to become a long-term financial partner of choice in aviation and asset-based financing - offering global reach, sector depth, and the flexibility required to support industry growth."

Riyaz Peermohamed, Chief Aircraft Acquisition and Financing Officer, IndiGo said: "We are pleased to partner with Emirates NBD on this financing transaction. We look forward to building on the success of this transaction and further strengthen our relationship in future."

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