FLY Leasing and partners snap up AirAsia’s leasing assets

There’s only one story being talked about in the aviation community today, which is the announcement from FLY Leasing that it will acquire up to 75 A320neos from Air Asia and its leasing subsidiary Asia Aviation Capital (AAC) in a three-phased deal, which is part of a larger acquisition under which FLY, together with parent BBAM’s other capital partners, Nomura Babcock & Brown and Incline Aviation, will acquire a total of 132 aircraft from AirAsia and AAC, as well as options to acquire 50 A320neo family aircraft, to be delivered in the future. AirAsia will also make a $50 million