FILE PHOTO: Tail of AirAsia X plane as seen at the Garuda Maintenance Facility AeroAsia in Tangerang, Indonesia, September 20, 2017. REUTERS/Beawiharta/File Photohas made "substantial progress" in months-long talks with creditors as it aims to convene meetings with them to vote on a restructuring scheme by the end of October, its chief executive said.
"We plan to raise funding in December and get that completed as soon as possible. We're talking to everybody, we'll get more colour towards the year-end," Benyamin said, declining to reveal details about the potential investors but adding that there were more than a handful of them. In a court document filed on Monday, AAX said negotiations are still afoot but "various letters of undertaking have been secured" from creditors.
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