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| Asia Aviation Capital Limited is set to benefit from parent company AirAsia Berhad's recent deal for 100 Airbus A321neo aircraft, with 30 per cent of the order expected to be allocated to the wholly-owned leasing unit. — VNS Photo |
HCM CITY (Biz Hub) — Asia Aviation Capital Limited is set to benefit from parent company AirAsia Berhad's recent deal for 100 Airbus A321neo aircraft, with 30 per cent of the order expected to be allocated to the wholly-owned leasing unit.
The US$12.6 billion order was announced at the Farnborough Airshow in the UK last week. It is the first order placed by AirAsia for the largest model in the A320 family, which can seat up to 240 passengers in a single-class layout.
Asia Aviation Capital principal officer and director Rozman Omar said: "We welcome the purchase of the A321neo by AirAsia. The aircraft promises incredible economics and will help grow the leasing company as we continue to build our lease portfolio to AirAsia affiliates and third-party airlines."
Asia Aviation Capital owns or finances a fleet of more than 55 Airbus A320 commercial aircraft, primarily leased to AirAsia affiliates outside Malaysia.
It is expected to receive an additional 100 Airbus A320 aircraft. — VNS