San Francisco – August 17, 2020 – SKY Leasing (“SKY”), a full-service aircraft asset manager, announces it has signed an agreement for the sale and leaseback of (2) A321- 200NEO aircraft with IndiGo. The transaction covers deliveries to IndiGo in August 2020.
“We are pleased to continue our long-standing relationship with SKY Leasing. This transaction will help us induct this most cost-efficient aircraft as we continue to focus on minimizing cash burn” said Riyaz Peermohamed, Chief Aircraft Acquisition and Financing Officer at IndiGo.
“We are delighted to build further on our relationship with IndiGo, one of the world’s most durable and successful low-cost carriers, and furthermore, to do so during such challenging times for our industry” said John Duffy, Chief Commercial Officer, SKY Leasing.