AirAsia Bhd (AIRA.KL)
28 Apr 2017
SINGAPORE/SEOUL 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.
KUALA LUMPUR, Feb 23 AirAsia Bhd posted a quarterly profit for 2016, despite a fall in aircraft operating lease income, and annual earnings hit a record high on increased passenger traffic through most of the year.
KUALA LUMPUR, Feb 23 AirAsia Bhd posted a 16 percent drop in fourth-quarter profit on Thursday, dragged down by a lower aircraft operating lease income.
* Calc-discloseable Transaction - Lease Of Aircraft To Airasia
SINGAPORE AirAsia Bhd has received about a dozen bids for its aircraft leasing unit, mostly from Chinese firms, including the leasing arms of China Merchants Bank and Ping An Insurance Group, said sources with knowledge of the process.
SINGAPORE Dublin-based AWAS has been put up for sale by its private equity owner in an auction that could value the aircraft lessor at $7 billion, including debt, and draw bids from Chinese lessors and other Asian investors, sources said.
KUALA LUMPUR, Nov 24 Asia's biggest low-cost airline AirAsia Bhd plans an initial public offering of a holding company that will house all its ASEAN operations, group CEO Tony Fernandes said on Thursday.
KUALA LUMPUR, Nov 24 Malaysia's AirAsia Bhd swung to a profit in the third quarter from a net loss a year earlier, mainly driven by an increase in aircraft operating lease income that boosted revenue during the quarter.
* 'Strong appetite out there - executive (Adds executive comment, background details)
MUMBAI Ratan Tata, interim chairman of India's Tata Sons conglomerate, will outline a revamped top management structure for the $100 billion group within days, a person close to the company told Reuters on Tuesday.