Malaysia: AirAsia to launch stake sale in leasing arm this month, could value unit at $1b

Malaysia: AirAsia to launch stake sale in leasing arm this month, could value unit at $1b

Photo: Reuters

AirAsia Bhd, Asia’s biggest budget airline, will kick off the sale of a majority stake in its plane leasing unit this month, a deal that could value the business at about $1 billion, people familiar with the matter told Reuters.

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