#fleet-expansion
IndiGo seeks 57% higher borrowing limit to fund fleet expansion
About 75% of the incremental borrowing capacity is expected to be used to finance aircraft through long-term finance leases, with the balance earmarked for capital expenditure and working capital.
Akasa Air establishes aircraft leasing unit at GIFT City, boosting India's aviation finance hub
Akasa Air has set up an aircraft leasing unit at Gujarat International Finance Tec-City. This move supports fleet expansion and aims to keep leasing business within India. Akasa joins other Indian carriers in utilizing GIFT City. This development is part of I…