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Monday, 15 September 2014

AirAsia India signs lease agreement with parent

AirAsia India  has signed a USD45million agreement with parent, AirAsia  concerning the longterm lease of its second A320-200, VH-A. The AirAsia Group said leasing aircraft to other joint venture airlines within the Group "would help to maximise route opportunities in South Asia."


"The term of the agreement shall be for 144 months and AirAsia India shall pay a security deposit in the form of cash or a letter of credit," a statement to the Malaysia Borsa said.
Read news in full 10/09/14 Ch-aviation
AirAsia India Airbus A320-200

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