AirAsia Boosts Finances With Sale Of Leasing Company Shares

a320
Credit: AirAsia
AirAsia has taken another step towards reaching its target for raising liquidity, after receiving MYR240 million ($56.8 million) for its share in leasing company Fly Leasing. The Carlyle Group completed its acquisition of Fly Leasing on Aug. 2. Prior to this transaction, AirAsia owned 10.9% of the...
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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