Overview
- IndiGo cleared a $820 million capital infusion into its wholly owned InterGlobe Aviation Financial Services IFSC unit to fund acquisition of aviation assets and enable aircraft ownership.
- The funding will be raised via equity shares and 0.01% non-cumulative optionally convertible redeemable preference shares, executed in one or more tranches.
- A stock filing detailed an FY 2025–26 rollout with $770 million subscribed as equity and $50 million as 0.01% OCRPS, while the unit remains a wholly owned subsidiary.
- The airline frames the step as a shift from a lease-heavy model toward a more balanced financing mix that reduces exposure to foreign-exchange volatility tied to dollar-denominated rents.
- IndiGo operates a fleet of over 400 aircraft, with planespotter.net listing 411 as of November 21, and it is adding roughly one aircraft a week ahead of A321XLR and A350 deliveries starting in 2027.