AirAsia upbeat about concluding Asia Aviation deal by this year


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KUALA LUMPUR: AirAsia Bhd is not in a hurry to dispose of its leasing arm Asia Aviation Capital Ltd, which has been valued at US$1bil (RM4.46bil), but it is optimistic of concluding the deal by this year.

Group chief executive officer Tan Sri Tony Fernandes said: “We have maintained our position that we are going to sell it, but we do not want to be burdened with extra costs.”

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