Business
A Look At AirAsia X’s Restructuring Plan – Simple Flying
Struggling long-haul low-cost airline AirAsia X may have finally scored a much-needed break. The majority of aircraft lessors…
Struggling long-haul low-cost airline AirAsia X may have finally scored a much-needed break. The majority of aircraft lessors are backing a restructuring plan that would minimize their losses on aircraft leases. If AirAsia X can get enough creditors to agree to their restructuring plan, it will end months of deadlocked negotiations.
AirAsia X needs agreement from multiple creditors. Photo: Getty Images
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