Chinese Aid Project IndiGo signed an MoU with Airbus in October 2014 to purchase 250 Airbus A320neo planes. Funding would be taken care of by external commercial borrowings

Funder	planes will start coming from 2018.
Recipient Organization	Unknown
Country	Unknown
Start Date	Oct 15, 2014
End Date	Apr 21, 2032
Duration	6,398 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`IndiGo signed an MoU with Airbus in October 2014 to purchase 250 Airbus A320neo planes. Funding would be taken care of by external commercial borrowings`

Grant Description

bank debt and sale and leaseback including the signed MoU with ICBC (ICBC Financial Leasing Co. Ltd.).

From the latest order Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.