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SMBC Aero Engine Lease commenced dry operating leases of three (3) LEAP-1A engines to IndiGo

SMBC Aero Engine Lease (“SAEL”), based in the Netherlands, commenced dry operating leases of three (3) LEAP-1A engines to IndiGo in March 2024. It is the first lease transaction between SAEL and IndiGo.

Roger Welaratne (MD & CEO) of SAEL made a comment that “We are very pleased to welcome IndiGo with the addition of spare LEAP-1A engines. We’re elated to establish this relationship with the leading airline in the Indian skies. As India and the Indian aviation market continues to grow on an unprecedented trajectory, we look forward to growing and supporting IndiGo on the future fleet and their spare engine strategy.”