Dynam Aviation delivers A321neo to IndiGo

Dublin, Ireland – June 14, 2023: Dynam Aviation Ireland Limited announced the delivery of one new Airbus A321neo on lease to InterGlobe Aviation Limited (IndiGo), representing the first of three aircraft from a recently completed sale and leaseback transaction. This aircraft will be managed by Dynam on behalf of its affiliate Sato Aviation Ireland Limited, while the remaining aircraft will be owned and managed by Dynam.

The transaction brings the combined fleet of Dynam and Sato to thirteen in operation with a further four deliveries scheduled for 2023 and represents the fourth aircraft on lease to IndiGo.

Shuhei Sato, Chief Executive Officer of Sato Aviation, said “We are delighted to expand our relationship with IndiGo and thank the Dynam Aviation team for their role in originating the transaction”.

Katsuhiko Ando, Chief Executive Officer of Dynam Aviation, said “I would like to thank IndiGo and Airbus for making this a smooth delivery and look forward to reinforcing our relationship with Sato Aviation by acting as lease manager for this aircraft.