IndiGo applies for aircraft leasing ops in IFSC Gift City

IndiGo has applied to set up Interglobe Aviation Financial Services IFSC Private Limited at IFSC Gift City, stating that the airline will operate in the IFSC aircraft leasing segment. Under the said company, it will function in operating leasing of aircraft, financial leasing of aircraft, and other services.  Over the next five years, the company aims to approximate a gross foreign exchange outgo value of Rs11,500 crore. These investments will come from the promoter investment, said the company in its application to the IFSC. Its premises will be spread across 15 sq. metres, said a report.