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flee

Airasia X incorporates unit to facilitate aircraft leasing

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KUALA LUMPUR (March 16): Long haul low cost carrier AirAsia X Bhd (AAX) has incorporated a unit, AAX Aviation Capital Ltd (AAC), to facilitate the leasing of aircraft.


In a filing with Bursa Malaysia today, AAX said AAC was incorporated as a private limited company under the Labuan Companies Act 1990.


“The objective of establishing this entity is to facilitate the leasing of aircraft by the AAX Group, in order to comply with the revised Guidelines on the Establishment and Operations of Labuan Leasing Business which were published by the Labuan Financial Services Authority (“Labuan FSA”) on Dec 29, 2017,” AAX said.


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flee, any idea where the 12 year old A333 frames AAX is leasing in this year are coming from yet?

The first of these, will come from China Eastern - ex B-6120 MSN 720.

 

The plan now is for Airasia X and Thai Airasia X to take 3 each. Indonesia Airasia X will not have any expansion for now.

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