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Corporate News 10 Jan 2019 | 12:00 AM

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.

Business 24 Sep 2013 | 6:20 PM

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.

Business 19 Feb 2014 | 1:21 PM

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.

Business 15 May 2013 | 8:11 AM

MAS can self finance ops, unlikely to seek funds in market for purchase of aircraft

PETALING JAYA: Malaysia Airlines (MAS) is unlikely to return to the market to raise more funds for either the purchase of aircraft or working capital, as it would be able to generate enough cash to sustain operations by end-2014.

Business 25 Dec 2018 | 12:00 AM

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).

Business 19 Dec 2012 | 12:00 AM

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.

Corporate News 13 Oct 2017 | 12:00 AM

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.

Business 18 Dec 2012 | 12:00 AM

MAS buying 36 new turboprop plans worth RM3bil from French-Italian aircraft maker (Update)

Malaysia Airlines (MAS) is expanding its fleet of turboprop aircraft with the purchase of 36 new ATR 72-600 aircraft worth RM3bil.

Corporate News 17 Oct 2018 | 12:00 AM

Malaysia may take part in Asian aircraft project

PETALING JAYA: Malaysia will meet with Japanese officials at the end of the year to discuss the possibility of participating in an Asian aircraft project.

Property 17 Mar 2016 | 12:00 AM

AirAsia signs aircraft lease agreement with AAX

PETALING JAYA: Low-cost airline AirAsia Bhd has entered into an aircraft wet lease agreement with its long-haul sister company AirAsia X Bhd (AAX) to mitigate operational constraints during peak travel season for US$4.93mil (RM20.35mil).