Tuesday, July 13, 2010

Hong Kong Aviation Capital to Acquire Three (3) New A320 Aircraft Under Sale-Leaseback to Indigo

SYDNEY, July 12 /PRNewswire/ -- Hong Kong Aviation Capital ("HKAC"), a leading investor in the global aviation sector, today announced new leases of three (3) new Airbus 320 aircraft to IndiGo Airlines of India. The leases will start on delivery of the aircraft new from Airbus to IndiGo in 2011. In addition, HKAC announced the agreement by IndiGo to extend the leases of four (4) existing A320 aircraft.

The three (3) new A320s will be delivered at manufacturer list prices totaling approximately US$ 200 million, and will be on lease to the airline for a period of......

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