Airlines

BOC Aviation signs finance leases with IndiGo for 10 Airbus A320neo aircraft

BOC Aviation Limited is delighted to announce that it has entered into a finance lease agreement with InterGlobe Aviation Ltd. (or “IndiGo”) for 10 Airbus A320NEO aircraft. CFM LEAP-1A engines are used to power each aircraft. The delivery of all 10 aircraft is planned for 2023.

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According to Steven Townend, Deputy Managing Director and Chief Financial Officer of BOC Aviation, “We are thrilled to be starting another transaction with our long-time customer IndiGo, to enable the airline to expand its fleet with the latest technology aircraft.” This demonstrates our capacity to use unconventional financing methods to maintain our long-term sustainable growth.

“With the leasing arrangement for these 10 aircraft, we are glad to strengthen our relationship with BOC Aviation. We are extending our partnership with BOC Aviation as a part of our goal to expand into new domestic and international markets. These aircraft would help IndiGo strengthen its position in the region as India is currently one of the civil aviation markets with the fastest growth rates in the world, according to Riyaz Peer Mohamed, Chief Aircraft Acquisition and Financing Officer at IndiGo.

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By working together, BOC Aviation and IndiGo are supporting the airline’s expansion objectives and adapting to market trends. The lease contract is anticipated to benefit both businesses’ operations and the aviation environment in the area as India’s aviation industry develops further.

Related Topics:a320neo BOC Aviation Indigo airlines

Airlines

Qatar Airways Adds Direct Toronto-Amritsar Flights with Stopover in Doha

Qatar Airways has made travel easier for passengers by announcing a new three-weekly non-stop service between Toronto, Canada, and Doha, Qatar, starting on December 11, 2024.

This new route provides seamless connectivity for travelers heading to Amritsar, offering a convenient alternative for the Punjabi diaspora in Toronto who wish to avoid the hassles of transiting through Delhi airport.

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In a joint press release, Anantdeep Singh Dhillon, FlyAmritsar Initiative North America Convener, and Sameep Singh Gumtala, Global Convener, highlighted that this new route addresses the long-standing demand for better travel options to Punjab.

With this service, Amritsar will now have ten weekly flights to Canada via Doha, making the journey simpler and more comfortable for travelers who previously had to deal with long road trips, multiple layovers, and extended check-ins.

Flight Schedule and Connectivity

The qatar air line from Amritsar will depart at 4:10 a.m. (local time) and arrive in Doha at 6:05 a.m. (local time). After a layover of 3 hours and 45 minutes, passengers will board the qatar airways flight from Doha to Toronto at 9:50 a.m. (local time) on Wednesdays, Fridays, and Sundays, landing in Toronto the same day at 3:55 p.m. (local time).

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On the return journey, the qatar airlines will depart from Toronto at 8:00 p.m. (local time) and arrive in Doha at 4:30 p.m. (local time) the following day. From there, passengers will catch the connecting flight to Amritsar at 8:40 p.m. (local time), reaching their destination by 2:40 a.m. (local time). The total travel time qatar seatmap for the journey is approximately 20 hours and 10 minutes.

This new route is a significant relief for travelers who have often faced the challenges of long road journeys to Delhi, lengthy layovers, and multiple check-ins. By streamlining the travel process, qatar Airways ensures a smoother and faster journey, enhancing the overall travel experience for passengers traveling between Canada and Punjab.