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First for Indian carriers: Air India does financial lease of an aircraft from Gujarat’s Gift City

IndiaTimes Friday, 29 September 2023
Air India has become the first scheduled desi airline to have acquired an aircraft — that too a widebody Airbus A350 — from an entity registered in Gujarat International Finance Tec-City (Gift City). This A350-900 is also the first widebody aircraft to have been leased through India’s first International Financial Services Centre (IFSC) via a finance lease transaction with HSBC.
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