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Reuters: AirAsiaX Restructures Deb ...
Reuters: AirAsiaX Restructures Deb ...
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Industry news
Reuters: AirAsiaX Restructures Deb ...Reuters: AirAsiaX Restructures Debt
Japan Inbound Travel Still Near Ze ...Japan Inbound Travel Still Near Zero
Test and Go Ends Pre-board PCR Apr ...Test and Go Ends Pre-board PCR April 1
Malaysia Reopens April 1Malaysia Reopens April 1
Thailand-India Bubble Proposed For ...Thailand-India Bubble Proposed For March
Thailand To Celebrate Thai New Yea ...Thailand To Celebrate Thai New Year Without Travel Restrictions
Taiwan To Shorten Quarantine In Ma ...Taiwan To Shorten Quarantine In March
Philllipines Opens February 10thPhilllipines Opens February 10th
Bangkok Post: Hotel Investments Ri ...Bangkok Post: Hotel Investments Rise As Covid Recedes
COVID Testing Suspended For Vacina ...COVID Testing Suspended For Vacinated Tourirts To England and Scotland
See all
Agoda Partner Hub > News & Insights > Reuters: AirAsiaX Restructures Debt
Reuters: AirAsiaX Restructures Debt
Reuters reports that Malaysian long-haul low-cost airline AirAsia X’s creditors have agreed to a restructuring that will pay off only 0.5% of the massive debt already owed, as well as terminate its existing contracts. The airline also reached a deal with Airbus regarding its outstanding multi-billion dollar order for 78 A330 and 30 A321XLR planes. However, the company is still facing the possibility of delisting from the Malaysia stock exchange.
