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AirAsia's leasing unit to receive 30 percent of A321neo order

Reuters

KUALA LUMPUR, July 18 (Reuters) - Asia Aviation Capital Ltd, the aircraft leasing unit of Malaysia's AirAsia Bhd, said on Monday it would be allocated 30 percent of its parent company's recent order for Airbus Group SE A321neo jets.

Last week, AirAsia finalised an order for 100 Airbus A321neo jets to support the low-cost airline's expansion.

Asia Aviation Capital also said it had identified a likely chief executive officer for the firm with "decades of experience in the aircraft leasing industry" and a chief financial officer, but did not disclose the names of the likely new executives. (Reporting by A. Ananthalakshmi)