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AirAsia values its leasing arm at RM4.1b

Airline also aims to attract an equity investor to Asia Aviation Capital by end-2016

Singapore

AIRASIA Bhd, Asia's biggest low-cost airline, values its wholly owned leasing arm at RM4.1 billion (S$1.4 billion), and aims to attract an equity investor to the unit by end-2016, it said in a presentation to analysts.

The Malaysian airline aims for its Asia Aviation Capital (AAC) to expand its...

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