AirAsia Appoints Daillencourt As CEO Of Leasing Unit

KUALA LUMPUR, Sept 8 (Bernama) -- AirAsia Bhd’s aircraft leasing unit, Asia Aviation Capital Ltd (AACL), has appointed Stéphane Daillencourt as its President and Chief Executive Officer effective Nov 1, 2016. Daillencourt, a French national, has over 30 years of experience in buying, selling, financing and leasing aircraft, most recently at GE Capital Aviation Services Ltd (GECAS), the commercial aircraft leasing and financing arm of GE. "We are thrilled to have him on board to lead AACL into its next stage of expansion as we explore more leasing opportunities," AirAsia's Group Chief Executive Officer, Tony Fernandes said in a statement Thursday. He said Daillencourt brought with him decades of experience and a strong record in aircraft financing, and a deep understanding of the industry, coupled with a strong relationship with financial partners and potential customers in the region. GECAS has a portfolio of more than 1,700 owned and managed aircraft. As GECAS's Executive Vice President of Financing Operations (Singapore), Daillencourt had been leading the team in charge of all purchase and leaseback transactions as well as aircraft sales to investors. -- BERNAMA