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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.