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Deal: Trilegal advised RRPF Engine Leasing (India) IFSC in a landmark transaction with Akasa Air

31 Oct 2024

Trilegal advised on the US$100 million drawdown by Muthoot Finance banner

Trilegal advised RRPF Engine Leasing (India) IFSC Private Limited (registered with the IFSCA) in a landmark transaction with Akasa Air. This deal marks the inaugural instance of a lessor delivering a new aircraft engine to an Indian airline through GIFT IFSC, setting a precedent in the aviation leasing sector.

The Trilegal Corporate Regulatory Team advising on the matter was led by Partner Delano Furtado and comprised Rohit Beerapalli, Senior Associate; Pranika Correa, Ridhi Shetty, Rhea Almeida and Punit Sanwal, Associates.

The Trilegal Aviation Regulatory and Dispute Resolution Team advising on the matter was led by Partner Milanka Chaudhury and comprised Neha Singh and Naina Pankaj Dubey, Counsels; and Amishi, Associate.

Media coverage

Akasa Air partners with Rolls-Royce for engine leasing deal – The Economic Times

About Trilegal

Trilegal is one of India’s leading law firms, with expertise across the full spectrum of corporate legal services. Trilegal has offices in four key cities of India.

Trilegal has been recognised as the India Deal Firm of the Year by Asian Legal Business (ALB) India Law Awards 2023; one of the ‘Best Overall Law Firms’ at the India Business Law Journal Indian Law Firm Awards 2022; ‘Firm of the year’ for Client Service Excellence by Asia Law Awards 2021; “M&A Law firm of the Year” by VCCircle Awards 2020 one of the most innovative law firms in Asia in the inaugural edition of ALB Trailblazers 2020; and ‘highly commended’ in the FT RSG Innovative Lawyers Awards 2020.

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