Bursa Filings


Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions

Back Sep 06, 2016
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description

AIRASIA BERHAD - AIRCRAFT WET LEASE AGREEMENT BETWEEN AIRASIA BERHAD AND PT INDONESIA AIRASIA EXTRA DUE TO OPERATIONAL REQUIREMENTS

Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), AirAsia Berhad (“AAB” or the “Company”) is pleased to announce that due to operational requirements, it has today entered into a Wet Lease Agreement (“Agreement”) with PT Indonesia AirAsia Extra (Registration No.: 09.03.1.51.89121) (“IAAX”) for the lease of two (2) A330 widebody aircraft (“Aircraft”) below:

 

(a)        PK-XRA (MSN 716) commencing from 16 September 2016 till 15 March 2017 for a contract value of USD 9.8 million; and

(b)        PK-XRC (MSN 654) commencing from 1 October 2016 till 30 November 2016 for a contract value of USD 3.1 million,

 

which hereinafter shall be referred to as “Transaction”.

 

Please refer to the attachment for further details.

 

This announcement is dated 6 September 2016.

 



Please refer attachment below.

 


Announcement Info

Company Name AIRASIA BERHAD
Stock Name AIRASIA
Date Announced 06 Sep 2016
Category General Announcement for PLC
Reference Number GA1-06092016-00082

Attachments

  1. Announcement_-_IAAX_Wet_Lease_-_06092016.pdf (Size: 146,059 bytes)