Asia Aviation Capital, the leasing division of AirAsia, has appointed Stéphane Daillencourt as its new president and CEO.
Daillencourt will take up the role from November 1 and arrives from GE Capital Aviation Services (GECAS), where he spent more than 11 years.
In a career spanning more than 30 years, Daillencourt has also held roles with turboprop manufacturer ATR and financiers CIT Group. AirAsia CEO Tony Fernandes said of Daillencourt’s appointment:
“He brings with him decades of experience and a strong record in aircraft financing, and his deep understanding of the industry – coupled with his strong relationship with financial partners and potential customers in the region – make him the right person to take AACL to the next level.”