AirAsia Makes $1B Valuation of Leasing Division

According to Reuters, AirAsia valued Asia Aviation Capital, its leasing unit, at 4.1 billion ringgit ($1 billion).

Reuters also reported that the Malaysian airline wants to attain an equity investor for the unit by the end of the year and expand the portfolio of AAC to 200 aircraft in the next five years.

Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

  • Hidden
  • RAM Group Holdings does not share or sell your personal information. The information we ask you to furnish is limited to what is needed to process your order fully and completely. You may unsubscribe at any time. View our Privacy Policy.
  • Please Confirm permission for Monitor/Monitordaily to e-mail you.
  • Hidden

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.