As aviation costs rise, IndiGo goes slow 'sale-and-lease-back' model

The cash-flush IndiGo, country’s largest airline in terms of market share, has begun going easy on ‘sale-and-lease-back’ model with its cost of aircraft ownership heading North. In the last fiscal, the low-cost carrier (LCC) acquired six ATR aircraft out of its free cash, which it believes will help in bringing down the operating cost.  

As aviation costs rise, IndiGo goes slow 'sale-and-lease-back'
The cash-flush IndiGo, country’s largest airline in terms of market share, has begun going easy on ‘sale-and-lease-back’ model. Image source: Official website

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