A London-based visual artist named Helga Stentzel has transformed the simple act of drying clothes into a delightful art form. By arranging everyday garments on washing lines, she creates whimsical optical illusions that resemble friendly animals placed against scenic backdrops
IndiGo approves capital investment of over ₹7,000 crore for aircraft ownership in shift away from leasing
IndiGo approves capital investment of over ₹7,000 crore for aircraft ownership in shift away from leasing
IndiGo has approved a capital investment of ₹7,294 crore to enable ownership of their aircraft instead of their leasing.
The airline said in a statement that it has “approved a capital investment of $820 million (nearly ₹7,294 crore) in its wholly owned subsidiary, InterGlobe Aviation Financial Services IFSC Private Limited. The funds raised by IndiGo IFSC shall be primarily deployed towards acquisition of aviation assets, thereby enabling ownership of aircraft.”
“IndiGo has historically maintained a fleet structure predominantly reliant on operating leases. In recent years, the organization has undertaken a strategic development towards a more balanced ownership structure and diversified forms of financing. This move reflects IndiGo's commitment to prudent capital allocation and sustainable value creation for all stakeholders,” the airline further said.
The move is expected to shield the airline from foreign exchange fluctuations, as lease payments are typically dollar-denominated.
The airline's Chief Finance Officer recently said that the airline plans to make increase ownership of aircraft to 30-40% of its aircraft by 2030.
The airline currently has nearly 430 aircraft in its fleet. It has been adding an aircraft a week for the past many years and will soon start taking deliveries of A321 XLRs and its first widebodies in A350s from 2027.
Published - November 21, 2025 12:03 pm IST
air transport / economy, business and finance
Source: TheHindu
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A London-based visual artist named Helga Stentzel has transformed the simple act of drying clothes into a delightful art form. By arranging everyday garments on washing lines, she creates whimsical optical illusions that resemble friendly animals placed against scenic backdrops
3 months ago
