InterGlobe Aviation Launches Subsidiary for Aviation Asset Financing

06 Sep 2023 CW Team

InterGlobe Aviation, a prominent player in the Indian aviation industry, has announced a strategic move to establish a subsidiary dedicated to financing aviation assets. This significant development marks InterGlobe's expansion beyond its core airline operations. The subsidiary's primary objective is to facilitate the financing of crucial aviation assets, which is expected to strengthen the company's financial position and further support its growth ambitions.

By venturing into aviation asset financing, InterGlobe aims to tap into additional revenue streams within the aviation sector.

This diversification strategy aligns with the company's commitment to innovation and sustainable growth in a competitive market.

The aviation industry in India has seen remarkable growth in recent years, and InterGlobe Aviation, as the parent company of IndiGo, one of the country's leading airlines, is well-positioned to leverage this expansion. This subsidiary is expected to play a pivotal role in securing the necessary capital for aircraft acquisitions and other aviation-related investments.

In summary, InterGlobe Aviation's decision to create a subsidiary for aviation asset financing demonstrates its commitment to adapt and thrive in the dynamic aviation landscape, ultimately benefiting its shareholders and the broader industry.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..