AirAsia Bhd has secured US$230mil of funds from Kuwait Finance House (M) Bhd (KFHM) and a group of lenders for the purchase of six Airbus A320-200 aircraft.
KFHM is the lead arranger of the facility, arranged under the principle of Ijarah Muntahiah Bitamlik. The financing of each aircraft will be for a tenure of 12 years.
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