Akasa Air partners with Rolls Royce for engine leasing deal

Priya Mehra, Chief of Governance & Strategic Acquisitions at Akasa Air, commented, “As the aviation industry continues to evolve, we recognize the importance of aligning with innovative partners who share our vision for the future.

"We are excited to have had the opportunity to partner with RRPF in their first transaction from the International Financial Services Centre (IFSC) in GIFT City. This collaboration is a testament to our proactive approach in navigating the complexities of the aviation landscape, as well as our wholehearted commitment to partnering in the growth of India’s aviation finance sector.”

Rolls-Royce & Partners Finance (RRPF)  Business Development Executive Mithra Ram highlighted the rapid developments in GIFT City.

"It's a great time to be on the ground here. There seems to be activity everywhere you look, with new infrastructure and amenities popping up every day, attracting key players in the industry. As a business development executive, being here means I can work closely with Indian airline customers to understand their needs and forge relationships that will deliver value throughout their growth and beyond," he said.

Darragh O'Callaghan, Director of Sales & Marketing at RRPF, also expressed excitement about opening the company’s first office in India. "We're very proud to be opening our first office in India. It’s an exciting time to play a key role in this market and enable Indian airlines to support the unprecedented growth we’re expecting to see over the next decade," he stated.