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1. Asia Aviation Capital Appoints Deputy CEO and CCO
Asia Aviation Capital, AirAsia Berhad’s aircraft leasing unit, has appointed Harry Forsythe as Deputy Chief Executive Officer and Chief Commercial Officer. Forsythe, a British and Australian dual citizen, has comprehensive knowledge of aircraft leasing with over 30 years of global expertise in sales and marketing across dry and wet leasing, sale-and-leaseback and aircraft sales in
2. Asia Aviation Capital Appoints Stéphane Daillencourt as President and CEO
AirAsia’s aircraft leasing unit Asia Aviation Capital (AAC) has appointed Stéphane Daillencourt as President and Chief Executive Officer effective 1 November 2016. Daillencourt, a French national, has over 30 years of experience in buying, selling, financing and leasing aircraft, most recently at GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and fina
3. Asia Aviation (Thai AirAsia) Reports Q4 2014 Results
In Q4 2014 Asia Aviation Plc. (AAV), the company that operates Thai AirAsia, reported a net profit of Baht 430 million from total revenue of Baht 7,876 million with an average load factor holding steady at 79% and total passenger numbers up 16% year-on-year at 3.4 million. Overall in 2014, AAV achieved a net profit of Baht 183 million from total revenue of Baht 25,356 million, a lo
4. Asia Aviation (Thai AirAsia) Reports Q1 2017 Net Profit of Baht 570 million
Asia Aviation (AAV), the major shareholder of Thai AirAsia, has reported Q1 2017 total revenues of Baht 9,150 million and a net profit of Baht 570 million. The airline also achieved a record load factor of 89%, up 1 percentage point, with 4.85 million passengers carried, an 11% year-on-year increase. Total seat capacity grew by 9%.
5. Asia Aviation Returns to SET100 Index; Secures Spot on SETTHSI
Asia Aviation Plc. (AAV) has returned to the SET100 Index whilst also securing a spot on the Thailand Sustainability Investment Index (SETTHSI) according to an announcement by the Stock Exchange of Thailand (SET) for the latter half of the year (1 July - 31 December 2020).
6. AirAsia Sells Aircraft Leasing Operations for US$1.18 Billion
Asia Aviation Capital, a wholly-owned subsidiary of AirAsia Berhad, has entered into agreements to sell its aircraft leasing operations to BBAM-managed entities for a total disposal consideration of US$1.18 billion, valuing the business at an enterprise valuation of US$2.85 billion.
7. AirAsia Sells Merah Aviation
AirAsia Group Berhad has, via Asia Aviation Capital Limited (AACL), its indirect wholly-owned subsidiary, entered into agreements to sell Merah Aviation Asset Holding Limited, 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 in a deal valued at US$768 million.
8. King Power Group’s Chairman Buys 39% Stake in Thai AirAsia
King Power Group’s Chairman, Mr. Vichai Srivaddhanaprabha has purchased a 39% stake in Asia Aviation PCL (AAV), valued at around 7.945 billion Baht from Mr. Tassapon Bijleveld. Mr. Vichai said he is hoping that the acquisition of shares in AAV – itself a major shareholder in Thai AirAsia (TAA) with 55% of the share capital in the Thai low-cost carrier – will have a positive synergy

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