airAsia Bhd. is considering hiring BNP Paribas SA, Credit Suisse Group AG and RHB Capital Bhd. to help sell its aircraft leasing unit as part of plans to raise funds and strengthen its finances, the group's Chief Executive Officer Tan Sri Tony Fernandes said.
Asia's biggest discount carrier also plans to garner between $75 million and $100 million from a sale of new shares in its Philippine arm, Fernandes said in an interview in his office in Sepang, near Kuala Lumpur. Besides the existing shareholders, “three other parties are also interested” in Philippines AirAsia and the carrier will mandate banks for the sale in two or three weeks, he said.
“The Philippine operation is doing well and has strong growth potential,” he said.
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Asia's biggest discount carrier also plans to garner between $75 million and $100 million from a sale of new shares in its Philippine arm, Fernandes said in an interview in his office in Sepang, near Kuala Lumpur. Besides the existing shareholders, “three other parties are also interested” in Philippines AirAsia and the carrier will mandate banks for the sale in two or three weeks, he said.
“The Philippine operation is doing well and has strong growth potential,” he said.
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