15 Oct 2025 | 5 Mins Read
Standard Chartered and Bank of India back $215-mn loan
Flipitmoney
Standard Chartered and Bank of India financed a USD 215 million term loan to AI Fleet Services IFCS Limited, a leasing subsidiary of Air India, to lease six Boeing 777-300 ER aircraft for 7 years. This is the first commercial aircraft finance transaction structured with a GIFT City borrower, positioning GIFT City as an emerging aviation finance centre.