News
AirAsia wet leases AirAsia X A330-300
July 6th 2022
Malaysia’s AirAsia Berhad (AAB) has wet leased an A330-300 from sister company, AirAsia X (AAX), to accommodate a strong rebound in air travel. Read More » “AAB plans to increase seat capacity across all markets to meet growing post-COVID recovery in passenger demand,” AAB parent company, Capital A, said in a regulatory filing to the Bursa Malaysia stock exchange. “The wet lease of available aircraft from AAX will allow AAB to rapidly ramp up seat capacity on trunk routes as well as serve as spare capacity to be deployed in this post-COVID recovery period.” The cost of the wet lease, due to expire on October 31, is approximately 16.9 million ringgit (US$3.8 million), Capital A said. The agreed final charge struck for the lease will depend on hours flown by the aircraft.
