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IndiGo Inks Deal With Chinese Bank
September 19, 2014
NEW DELHI—Industrial and Commercial Bank of China Ltd (ICBC) has signed a $2.6 billion deal with Indian low-cost carrier IndiGo to finance more than 30 new aircraft. The deal could facilitate sale and lease-back deals for Airbus A320s and “other aircraft,” the carrier says. The majority of IndiGo’s...
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