IndiGo clears ₹7,294 crore investment to purchase aviation assets
IndiGo parent, InterGlobe Aviation, has approved a capital investment of ₹7,294 crore in its wholly owned subsidiary, InterGlobe Aviation Financial Services IFSC. The investment will be used to acquire aviation assets, marking a strategic pivot from the carrier's longstanding reliance on aircraft leasing. The IndiGo IFSC subsidiary has financed over 30 Airbus A320neo family aircraft as of March.