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AirAsia X restructures to survive pandemic | The Malaysian Insight

AirAsia X restructures to survive pandemic

6/10/2020 4:58:00 PM

AirAsia X restructures to survive pandemic

Focus to keep as many jobs as possible, says budget carrier.

Copy URLAirAsia X says the restructuring exercise will include the appointment of Lim Kian Onn as deputy chairman to lead the restructuring initiative and facilitating fresh equity injection. – EPA pic, October 6, 2020.AIRASIA X Bhd has come up with a restructuring plan that will enable the airline to be fully operational again amid global travel restrictions caused by the Covid-19 pandemic.

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Chief executive officer Benyamin Ismail said AirAsia X and other airlines were struggling to survive in the pandemic period.  Read more: TheMalaysianInsight »

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KUALA LUMPUR: The ongoing development of a Malaysian Covid-19 vaccine at the Institute for Medical Research (IMR) will be fully conducted by local experts and researchers, says Datuk Aaron Ago Dagang.

In bid to survive and restart, AirAsia X proposes major restructuring plan | Malay MailKUALA LUMPUR, Oct 6 — The long-haul arm of Malaysia ’s flagship budget airline, AirAsia X Bhd (AAX), has proposed restructuring its debt and reducing its issued share capital to avoid liquidation and pave way for fresh capital, it said in a late bourse filing today. AAX said in a separate... Oh just close already

Kumpulan AirAsia umum tutup operasi AirAsia Japan | The Malaysian InsightLangkah itu bagi mengurangkan beban kewangan syarikat dan kumpulan.

AirAsia Japan ceases operationsPETALING JAYA: AirAsia Japan (AAJ) has decided to cease operations effective immediately, as the strain caused by the Covid-19 pandemic proved too dif...

AirAsia X akan distruktur semula | The Malaysian InsightBagi membolehkan syarikat penerbangan itu beroperasi kembali di tengah-tengah sekatan perjalanan global yang berpunca daripada Covid-19.

Malaysia Airlines, AirAsia X place Airbus orders amid financial troubles | The Malaysian InsightThe aircraft manufacturer has not disclosed the value of the orders from the two airlines.

Malaysia Airlines, AirAsia X tempah pesawat Airbus ketika berdepan masalah kewangan | The Malaysian InsightAirbus bagaimanapun tidak menyatakan nilai tempahan yang dibuat kedua-dua syarikat berkenaan.