AIRASIA X has reportedly run out of money and needs to raise up to US$120.6m to restart operations. It announced restructuring plan earlier in month to acquire new equity to restart operations and avoid liquidation (SPNWS; October 9).

Subscription Required


AIRASIA X is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.