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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.
HONG KONG: China Development Bank Financial Leasing Co Ltd, the leasing unit of China's largest policy bank, filed for a Hong Kong initial public offering, joining a slew of financial services firms raising funds in the city to bolster their balance sheets.
ANCHORAGE, Alaska: A federal judge in Alaska has overturned U.S. President Donald Trump’s attempt to open vast areas of the Arctic and Atlantic oceans to oil and gas leasing.
SINGAPORE: AirAsia Bhd, Asia’s biggest budget airline, will kick off the sale of its leasing unit this month, seeking to cut debt with a deal that could value the business at about US$1bil (RM4.04bil), people familiar with the matter told Reuters.
SINGAPORE: General Electric Co (GE) is weighing options for its aircraft leasing operations, including the sale of all or part of the business, as chief executive John Flannery searches for new divestitures, according to people familiar with the matter.
KUALA LUMPUR: AirAsia Bhd's aircraft leasing unit,Asia Aviation Capital Ltd (AACL) has appointed Stephane Daillencourt as its president and chief executive officer effective Nov 1.
HONG KONG: China Development Bank Financial Leasing Co could set a record with the cornerstone tranche for its Hong Kong initial public offering, which is seeking to raise as much as US$978mil.
KUCHING: Delta Leasing Sdn Bhd, which has increased its branch network in Sarawak to four, targets to disburse gross loans amounting to RM30mil this year.
NEW YORK: Ally Financial Inc is taking steps to replace its remaining exclusive leasing deals with General Motors Co, betting that the largest U.S. carmaker will eventually finish taking that business in-house, the auto lender's chief executive said in an interview.
KUALA LUMPUR: AirAsia Bhd expects to sell its aircraft-leasing unit as early as December as the largest customer for Airbus Group SE’s single-aisle jets aims to net as much as US$1bil (RM4.05bil) from the transaction and pare debt.