Fly Leasing reported net income for FY/17 was $2.6 million compared to a net loss of $29.1 million a year earlier. read more

MAR 8, 2018 - 8:27 am

GECAS took delivery of a MSN 7803 from Tianjin, China on October 25, 2017. Leased to AirAsia, the aircraft is the first A320neo from the Tianjin Airbus factory for both AirAsia and GECAS. read more

OCT 27, 2017 - 5:10 am

GE Capital Aviation Services delivered its first Airbus A320neo to AirAsia from the purchase-and-leaseback transaction with the airline for five new Airbus A320neo aircraft powered by CFM LEAP engines. read more

SEP 16, 2016 - 7:17 am

AirAsia has appointed former GE Capital Aviation Services executive Stephane Daillencourt as president and CEO of its leasing unit, Asia Aviation Capital. read more

SEP 8, 2016 - 7:00 am

According to Bloomberg, AirAsia expects to make roughly $1 billion from the sale of its aircraft leasing unit, which could close in December at the earliest. read more

AUG 31, 2016 - 5:55 am

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

AUG 26, 2016 - 6:56 am

Reuters reported that AirAsia will begin the sale of Asia Aviation Capital this month and may value the business at roughly $1 billion. read more

AUG 5, 2016 - 7:06 am

According to Bloomberg, AirAisa CEO Tony Fernandes said that the company received an offer valued at roughly $1 billion for its aircraft-leasing business. read more

JUN 1, 2016 - 7:03 am