Malaysia-based low-cost carrier (LCC) AirAsia has confirmed that a significant proportion of its latest major Airbus narrowbody aircraft order will be allocated to its leasing subsidiary. AirAsia placed an order for 100 Airbus A321neos at the recent Farnborough Airshow. The company said about 30% of the aircraft will be put on the books of Asia Aviation Capital Ltd. (AAC), a wholly owned subsidiary. These aircraft will be leased to either AirAsia’s joint-venture franchises or to ...

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