{"id":235646,"date":"2025-05-11T01:40:38","date_gmt":"2025-05-11T01:40:38","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/gift-city-takes-off-with-axis-bank-lease-deal\/"},"modified":"2025-05-11T01:40:38","modified_gmt":"2025-05-11T01:40:38","slug":"gift-city-takes-off-with-axis-bank-lease-deal","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=235646","title":{"rendered":"GIFT City Takes Off With Axis Bank Lease Deal"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n\t\t<span class=\"wp-block-paragraph lead-in-text\"><\/p>\n<p>Axis Bank, India\u2019s fifth largest bank by market capitalization $40 billion, last month became the first Indian bank to execute an aircraft lease deal, for 34 trainer aircraft for Air India.<\/p>\n<p><\/span><\/p>\n<p>The deal also marks a milestone for Indian aviation finance: the first transaction in which all the stakeholders\u2014 lender, borrower, law firm (Dentons), facility agent, and security agent\u2014worked through their entities based in the Gujarat International Finance Tec-City (GIFT City), India\u2019s new international financial services center (IFSC).<\/p>\n<p>Indian airlines have typically relied on multinational banks and foreign lenders for aircraft leases, mainly routed through Dublin, Ireland, due to lack of a strong domestic cross-border financing framework. That is changing.<\/p>\n<p>Air India, through its registered leasing entity in GIFT City, AI Fleet Services, has closed eight lease deals worth $1 billion, including with international lenders for Airbus A350s. The March deal for trainer aircraft was done exclusively with an Indian lender, extending US dollar-denominated long-term tenor. InterGlobe Aviation Financial Services IFSC, the GIFT City arm of IndiGo Airlines, has already financed 20 Airbus A321Neos for $1.8 billion through international lenders and has plans to shortly route another 25 aircraft through the IFSC.<\/p>\n<p>The Indian government is pushing the use of GIFT City as a financial hub for cross-border deals for all sectors, but especially aviation in the form of long-term aircraft leases. GIFT City offers a favorable tax regime for domestic and international financiers and a strong regulatory framework, including a new law that allows faster repossession of defaulted aircraft.<\/p>\n<p>Indian airlines have ordered a total of 1,600 aircraft worth $100 billion, to be delivered over the next 10 years, which Indian banks are keen to finance. The government promises to facilitate domestic and foreign banks structuring and financing leases out of GIFT City and has identified $30 billion in funding for fleet modernization and expansion.<\/p>\n<p>Following the Axis Bank deal, several other Indian banks have signaled their interest in entering the space as well.<\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Axis Bank, India\u2019s fifth largest bank by market capitalization $40 billion, last month became the first Indian bank to execute an aircraft lease deal, for 34 trainer aircraft for Air India. The deal also marks a milestone for Indian aviation finance: the first transaction in which all the stakeholders\u2014 lender, borrower, law firm (Dentons), facility [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":235647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[7287,2331,2177,10465,338,14809,11428],"dealstore":[],"offerexpiration":[],"class_list":["post-235646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-axis","tag-bank","tag-city","tag-deal","tag-gift","tag-lease","tag-takes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GIFT City Takes Off With Axis Bank Lease Deal - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=235646\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GIFT City Takes Off With Axis Bank Lease Deal - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Axis Bank, India\u2019s fifth largest bank by market capitalization $40 billion, last month became the first Indian bank to execute an aircraft lease deal, for 34 trainer aircraft for Air India. The deal also marks a milestone for Indian aviation finance: the first transaction in which all the stakeholders\u2014 lender, borrower, law firm (Dentons), facility [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=235646\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-11T01:40:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/shutterstock_334666718-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1685\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=235646#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=235646\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"GIFT City Takes Off With Axis Bank Lease Deal\",\"datePublished\":\"2025-05-11T01:40:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=235646\"},\"wordCount\":331,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=235646#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/shutterstock_334666718-scaled.jpg\",\"keywords\":[\"Axis\",\"BANK\",\"City\",\"DEAL\",\"Gift\",\"Lease\",\"takes\"],\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=235646#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=235646\",\"url\":\"https:\/\/fivemor.com\/?p=235646\",\"name\":\"GIFT City Takes Off With Axis Bank Lease Deal - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=235646#primaryimage\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=235646#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/shutterstock_334666718-scaled.jpg\",\"datePublished\":\"2025-05-11T01:40:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=235646#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=235646\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/?p=235646#primaryimage\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/shutterstock_334666718-scaled.jpg\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/shutterstock_334666718-scaled.jpg\",\"width\":2560,\"height\":1685},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=235646#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GIFT City Takes Off With Axis Bank Lease Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GIFT City Takes Off With Axis Bank Lease Deal - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=235646","og_locale":"en_US","og_type":"article","og_title":"GIFT City Takes Off With Axis Bank Lease Deal - Som2ny Network","og_description":"Axis Bank, India\u2019s fifth largest bank by market capitalization $40 billion, last month became the first Indian bank to execute an aircraft lease deal, for 34 trainer aircraft for Air India. The deal also marks a milestone for Indian aviation finance: the first transaction in which all the stakeholders\u2014 lender, borrower, law firm (Dentons), facility [&hellip;]","og_url":"https:\/\/fivemor.com\/?p=235646","og_site_name":"Som2ny Network","article_published_time":"2025-05-11T01:40:38+00:00","og_image":[{"width":2560,"height":1685,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/shutterstock_334666718-scaled.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=235646#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=235646"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"GIFT City Takes Off With Axis Bank Lease Deal","datePublished":"2025-05-11T01:40:38+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=235646"},"wordCount":331,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=235646#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/shutterstock_334666718-scaled.jpg","keywords":["Axis","BANK","City","DEAL","Gift","Lease","takes"],"articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=235646#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=235646","url":"https:\/\/fivemor.com\/?p=235646","name":"GIFT City Takes Off With Axis Bank Lease Deal - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fivemor.com\/?p=235646#primaryimage"},"image":{"@id":"https:\/\/fivemor.com\/?p=235646#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/shutterstock_334666718-scaled.jpg","datePublished":"2025-05-11T01:40:38+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=235646#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=235646"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/?p=235646#primaryimage","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/shutterstock_334666718-scaled.jpg","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/shutterstock_334666718-scaled.jpg","width":2560,"height":1685},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=235646#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"GIFT City Takes Off With Axis Bank Lease Deal"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/235646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=235646"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/235646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/media\/235647"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=235646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=235646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=235646"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=235646"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=235646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}