AirAsia Reveals Buyer For Aircraft Leasing Unit

AirAsia Berhad has announced a deal to sell its Malaysia-based aircraft leasing unit Asia Aviation Capital Ltd. (AAC) to aircraft investor BBAM for $1.18 billion. The AAC portfolio of 84 aircraft and 14 engines will be acquired by BBAM-managed entities FLY Leasing Ltd., Incline B Aviation Ltd...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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