Posts in Global
AirAsia Group Berhad sells Merah Aviation in US$768 million transaction with Castlelake

AirAsia Group Berhad (AAGB), Asia’s leading low-cost carrier has, via Asia Aviation Capital Limited (AACL), its indirect wholly-owned subsidiary, entered into agreements to sell Merah Aviation Asset Holding Limited (Merah Aviation), which will comprise 25 existing aircraft to be leased to AirAsia Berhad, to AS Air Lease Holdings 5T DAC, an entity indirectly controlled by Castlelake LP (Castlelake) in a deal valued at US$768 million.

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AirAsia X strengthens Malaysia - Japan ties with exclusive direct flights to Fukuoka

AirAsia X today announced the launch of an exclusive direct route connecting Kuala Lumpur with Fukuoka, Japan today. The four times weekly service set to commence on 28 February 2019, will be the airline group’s fifth destination in Japan and fourth route from Kuala Lumpur, strengthening Malaysia - Japan bilateral ties while stimulating local trade and tourism growth.  

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