IndiGo to ease off aircraft lease model that made it airline No.1

IndiGo Airlines, India's largest carrier, is steadily shifting to owning and financially leasing commercial jets in place of its earlier successful strategy of selling and leasing back planes, its chief executive said.

- Abhishek Law & Varun Sood

The sale-and-leaseback model has been central to IndiGo’s success ever since it started flying 19 years ago. Planes bought at competitive prices in large orders would be sold on delivery to aircraft leasing companies and leased back into serv