Analysts expect more special dividends from AirAsia


US private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd for a total price of roughly US$800mil (RM3.34bil).

AIRASIA Group Bhd may have kept its word on paying a special dividend after its asset sale, but it falls short of what analysts had expected.

Based on the assets sold this year, they had hoped for 60 sen to 90 sen dividend per share (DPS) but AirAsia announced a 40 sen special dividend on Thursday.

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