Strategy

​AirAsia X to shed aircraft and restructure debts

By 2020-10-06T13:44:00

AirAsia X A330-300

Source: Wikimedia Commons

Grounded long-haul low-cost carrier AirAsia X has unveiled a restructuring plan under which it aims to get debts waived and cut aircraft from its fleet in the hope that it will be able to avoid liquidation and raise fresh equity.

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