AirAsia X asks for lease deferrals on Airbus A330-300's
AirAsia X (D7, Kuala Lumpur Int'l) has asked lessors to either waive or defer lease payments for its A330-300s due to the financial impact of the Covid-19 epidemic, Flightglobal has reported citing unnamed sources.
The carrier did not confirm the report but said that its exposure to the crisis is high as over 30% of its pre-epidemic capacity was to and from China.
According to the ch-aviation fleets advanced module, AirAsia X operates twenty-four A330-300s, of which twenty are leased from ICBC Financial Leasing, Avenue Capital Aircraft Holdings, BOC Aviation (three each), Aircastle, Asia Pacific Aviation Leasing Group, DAE Capital (two each), China Minsheng Investment Group, Macquarie AirFinance, Sierra Echo Aircraft Leasing, Seraph Aviation Management, and Stratos (one each).
Two unnamed lessors said that they were willing to discuss some relief to the long-haul low-cost carrier but were unlikely to accept lease rate waivers.
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