Aviation Why sale and leaseback is the centerpiece of IndiGo’s massive aircraft orders Updated : October 31, 2019 11:45 AM IST With IndiGo’s latest shopping trip for 300 Airbus planes, India’s airlines collectively have 1,200+ aircraft on order — more than double the existing Indian commercial aviation fleet. In a sale and leaseback model (SLB), an airline acquires the aircraft at an attractive price and sells the aircraft to a lessor — ideally at a profit — and leases it back for its own use. The massive order volumes enable IndiGo to acquire aircraft at very competitive costs. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.