1 March 2018
McCann FitzGerald advises BBAM\FLY Leasing on the acquisition of up to 132 Airbus narrowbody aircraft from Air Asia
We advised BBAM\FLY Leasing on the acquisition of up to 132 A320neos from Air Asia and its leasing subsidiary Asia Aviation Capital (AAC).
This is a three-phase deal which will see FLY, together with parent BBAM’s other capital partners, Nomura Babcock & Brown and Incline Aviation, acquire 132 aircraft in total from AirAsia and AAC. The deal will also give FLY the option to acquire 50 A320neo family aircraft in the future. AirAsia will also make a $50 million investment in Incline Aviation.