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AirAsia's leasing unit sale imminent with no roadblocks: CEO Tony Fernandes

AirAsia is considering the purchase of Bombardier Inc's 110- to 130-seat narrow-body C Series jets

Reuters  |  Montreal 

AirAsia Bhd Chief Executive Tony Fernandes said on Thursday that the Malaysia-based carrier's expected sale of its leasing unit to a South Korean group was "imminent," with no roadblocks to the transaction. AirAsia, the largest low-cost carrier in Asia, is also considering the purchase of Bombardier Inc's 110- to 130-seat narrow-body C Series jets, Fernandes told reporters following a news conference at Montreal-headquartered training specialist CAE Inc . Asked whether AirAsia's reported talks to sell the unit have hit any obstacles, Fernandes said there ...

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First Published: Fri, August 25 2017. 10:10 IST
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