Hong Kong, May 11 -- India-headquartered Akasa Air has set up a new leasing arm, Akasa Air Leasing IFSC Private Limited (AALI), to be based at the Gujarat International Finance Technology-City (GIFT City) in Gandhinagar. Read More The airline said AALI - a wholly-owned subsidiary - supported its fleet expansion and long-term growth plans. "The GIFT City entity is a key enabler of Akasa Air's next phase of growth, strengthening our aircraft financing strategy and positioning us to access global capital more efficiently," Akasa Air chief of governance and strategic acquisitions, Priya Mehra, said. "It allows us to build deeper, long-term partnerships with leading lessors while supporting our fleet expansion at scale. We appreciate the enablin...