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Peermohammed leaves Dubai for IndiGo

01 March 2006

Read more: Riyaz Peermohammed; Emirates; IndiGo; Aviation Airline finance Airways Airlines

Riyaz Peermohammed, one of the most highly regarded airline finance managers, is leaving his role of vice-president treasury at Emirates to become chief financial officer at IndiGo, the start-up Indian low-cost carrier.

One of his first roles will be arranging financing the airline's 100 A320 order. The first aircraft is set for July, when IndiGo is due to launch.

"There is no doubt that this is great news for Indigo," says one senior Asian banker. "Indigo has got a CFO...


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