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Home -> Finance -> Full Story

Air Deccan awarded Aircraft Leasing deal of the year
Friday, November 25 2005 14:50 Hrs (IST) - World Time -

London: Air Deccan, India's No 1 low cost Airline has constantly been pursuing its vision of 'empowering every Indian to fly'. The airline does so by providing lowest airfares and connecting unconnected cities.

Air Deccan on Nov 23, 2005 received an award for the best 'Aircraft leasing deal of the Year- Asia 2005' at a glittering ceremony at the 06th Janes Annual transport finance Gala Awards, held at the Prestigious Merchant Taylors Hall, London, UK. The award was for innovative structuring and financing the lease of two of the Airbus A-320's.

The lease was financed by Standard chartered Bank and Investec Bank Mauritius Ltd. The Ceremony was attended by leading Bankers from Citigroup, Standard Chartered Bank, BNP Paribas, Caylon Bank etc.

The Awards have been instituted by Janes Information Group and Janes Transport Finance. Jane's Information Group is the ultimate source for information in the world on the subjects of defence, geopolitics, transport and police.

PTI