AirAsia X creditors agree to restructuring, cut Airbus orders

Share

Air Asia airplanes are pictured on the haze-shrouded tarmac at Kuala Lumpur International Airport 2 in Sepang, Malaysia, September 18, 2019. REUTERS/Lim Huey Teng

AirAsia X (AAX) creditors have agreed to a restructuring that will pay just 0.5% of the debt owed and end its existing contracts, the Malaysian long-haul low-cost airline said on Friday.

Liz Lee and Jamie Freed  www.reuters.com

Share