AAC to be allocated 30% of AirAsia's order for 100 A321neos

Asia Aviation Capital (AAC) stated (18-Jul-2016) it expects to benefit from parent company AirAsia Berhad's order for 100 A321neo aircraft announced at the 2016 Farnborough International Airshow. AAC expects to be allocated 30% of the order. AAC principal officer and director Rozman Omar said: "We welcome the purchase of the A321neo by AirAsia. The aircraft promises incredible economics and will help grow the leasing company as we continue to build our lease portfolio to AirAsia affiliates and third-party airlines." AAC plans to expand its total fleet from 55 to 155 A320s. [more - original PR]