IndiGo, Air India, Akasa to lease 200 aircraft via GIFT City
after close1 source ↓written by the desknot a recommendation
- by March 2027
- 78 to 150 aircraft
- estimated value
- $3.5-$4 billion
- by FY27
- 16 to 75
- valued
- $2.5-$3 billion
- over five years
- 60 aircraft
Major Indian airlines, including IndiGo, Air India, and Akasa Air, have pledged to lease over 200 aircraft through GIFT City. IndiGo plans to expand its fleet from 78 to 150 aircraft by March 2027, with an estimated value of $3.5-$4 billion. Air India aims to increase its leased aircraft from 16 to 75 by FY27, valued at $2.5-$3 billion. Akasa Air intends to lease 60 aircraft over five years, enhancing the aviation sector's growth prospects.
Not investment advice. For informational purposes only.