AirAsia X (D7, Kuala Lumpur International) has announced it has incorporated a wholly-owned subsidiary which will facilitate the leasing of aircraft by the AirAsia X Group.

The firm said in a Bursa Malaysia disclosure on March 16 that AAX Aviation Capital Ltd had, in turn, incorporated its own wholly-owned unit - AAX Leasing One Ltd. - which would facilitate the leasing of the aircraft.

As with AAX Capital, AAX Leasing One's directors are Benyamin Ismail and Wong Mee Yen.

According to the ch-aviation fleets module, AirAsia X operates twenty-two A330-300s, Indonesia AirAsia X (IDX, Jakarta Soekarno-Hatta) operates five A320-200s and two A330-300s, and Thai AirAsia X (XJ, Bangkok Suvarnabhumi) operates six A330-300s. The group is, however, due a further sixty-six A330-900s, twenty A330-300s, and ten A350-900s from Airbus (AIB, Toulouse Blagnac).