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Business

AirAsia to boost digital ops, reward shareholders

PETALING JAYA: AirAsia Group Bhd, which is disposing of 25 aircraft to US-based global private investment firm Castlelake LP, intends to use the proceeds of the sale to ramp up its digital business and reward shareholders.

Business

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

Analysts positive on AirAsia aircraft sale

PETALING JAYA: Analysts remain positive on AirAsia Group Bhd’s de-gearing move as it proposes to dispose 25 aircraft for US$768mil (RM3.22bil), which will likely result in another round of special dividend.

Business

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

US fund Castlelake to buy planes from AirAsia in RM3.3bil deal

SINGAPORE: 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 (RM3.33bil), sources said.

Business

US fund Castlelake to buy 30 planes from AirAsia in RM3.34b deal

SINGAPORE: 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), people familiar with the transaction said.

Business

AirAsia declares bumper dividend

PETALING JAYA: Low-cost carrier AirAsia Group Bhd has declared a bumper special dividend of 40 sen a share as its net profit soared 81.2% in the third quarter ended Sept 30, burnished by the proceeds from the sale of a unit to Expedia Inc