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The Economic Times

Economy / The Economic Times

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IndiGo approves $450 million plan to acquire aircraft, engines

IndiGo's parent company, InterGlobe Aviation, has approved a significant plan. Up to $450 million will be deployed to acquire aircraft, engines, and other aviation assets. This move aims to increase the airline's ownership of its expanding fleet. The funds will be channeled through a wholly owned subsidiary.

29 May 2026 7:26 pm