AirAsia to allocate a third of new A321neos to Asia Aviation Capital

AirAsia is set to place 30% of its order for 100 Airbus A321neo aircraft, announced at the 2016 Farnborough International Airshow, with the group’s wholly owned leasing unit, Asia Aviation Capital Limited.

Asia Aviation Capital’s 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.
“We have also identified a likely chief executive officer with decades of experience in the aircraft leasing industry and a chief financial officer who is very knowledgeable about aircraft financing as we lead Asia Aviation Capital into the growth phase,” divulged Omar.
Asia Aviation Capital currently owns or finances a fleet of more than 55 Airbus A320 aircraft primarily leased to AirAsia affiliates outside Malaysia. The unit is also expected to receive additional 100 Airbus A320 aircraft, which will bring its total fleet of A320 to 155.

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