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The Philippines’ Cebu Pacific Air plans to add at least 10 new-generation aircraft to its fleet this year, as it steps up its fleet renewal and expansion plans in a bid to accelerate growth. The country’s largest airline expects to take delivery of five…
AirAsia India is looking to add up to 70 aircraft to its fleet over the next 4-5 years, Chief Executive Officer (CEO) Amar Abrol has said. “We are expanding aggressively and aiming to be among the top three in the low-cost carrier (LCC) segment once we have…
A little-known South Korean group is in advanced talks to acquire a stake in AirAsia Bhd’s aircraft leasing unit, according to three people familiar with the matter. Two of the people said a deal would value AirAsia’s fully-owned unit, Asia Aviation Capital,…
AirAsia Bhd has entered into a wet lease agreement with PT Indonesia AirAsia Extra (IAAX) to lease two Airbus A330 widebody aircraft for US$12.9mil (RM52.5mil). In a filing with Bursa Malaysia on Tuesday, AirAsia said one aircraft would be leased from Sept…
Garuda Indonesia Group said it will strengthen its fleet with 17 new units of aircraft this year. The 17 units of aircraft will include a Boeing 777-300 ER, four units of Airbus A 330-300, and four units of ATR 72-600 for Garuda Indonesia and 8 units of…
