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Aircraft leasing back in vogue

PETALING JAYA: AirAsia Bhd group chief executive officer Tan Sri Tony Fernandes is riding on the exuberance of the aircraft leasing business to ponder on a deal worth US$1bil for its wholly-owned aircraft leasing company Asia Aviation Capital (AAC), which owns 43 aircraft and will add some fuel-efficient A320neos to its list.

Airasia says transfer of five aircraft incomplete as deals lapsed

PETALING JAYA: AirAsia Group Bhd, which is selling its aircraft leasing business to BBAM Ltd Partnership, says the transfer of aircraft and aircraft engines under the deal has been completed except for five aircraft.

RMAF: We’re buying four maritime patrol aircraft

BANGKOK: The Royal Malaysian Air Force will evaluate the types of maritime patrol aircraft (MPA) to add to its list of arsenal.

Over 29,000 new aircraft required in next 20 years: Airbus

Air travel is likely to become increasingly common, especially in emerging markets over the next 20 year, and this demand will have to be met by over 29,220 new aircraft worth US$4.4tril, Airbus’s Global Market Forecast report predicted.

MAS plans multi-billion dollar aircraft orders in turnaround plan

SINGAPORE: Loss-making Malaysia Airlines is waiting for government approval to place a multi-billion dollar order for up to 100 Airbus and Boeing passenger aircraft in a move aimed at boosting its profitability, two people familiar with the negotiations told Reuters.

MH370 crash: Aircraft departures spread to better cover search

CANBERRA: Aircraft from six nations depart from the southwest Australian city of Perth in staggered schedule to comb the southern Indian Ocean for signs of missing Malaysia Airlines flight MH370, China's Xinhua news agency reported.

AirAsia sells 25 aircraft for RM3.22bil

PETALING JAYA: AirAsia Group Bhd is disposing of 25 aircraft to US private investment firm Castlelake LP in a deal worth US$768mil (RM3.22bil).

MAS buying 36 ATR turboprop aircraft worth RM3bil for Firefly and MASwings

SUBANG: Just over a week after AirAsia Bhd placed a 100-plane order worth US$9.4bil (RM28.67bil), Malaysia Airlines (MAS) has inked an agreement to buy 36 ATR i>72-600/iturboprop aircraft for RM3bil (US$981mil), as it expands its fleet to grow aggressively in the country and regionally.

Airbus now owns 100% of Sepang Aircraft Engineering

PETALING JAYA: Sepang Aircraft Engineering Sdn Bhd is now an Airbus SE unit after the aircraft manufacturer took full control of the aircraft maintenance company by acquiring the remainder 60% stake.

China launches first domestically built aircraft carrier

Beijing (AFP) - China has launched its first domestically designed and built aircraft carrier, state media said Wednesday, as the country seeks to transform its navy into a force capable of projecting power onto the high seas.