AirAsia X Aiming To Raise $123M By Issuing New Shares

AIrAsia X
Credit: Airbus
AirAsia X, the long-haul subsidiary of LCC AirAsia, is looking to raise up to MYR500 million ($123 million) through a rights issue and by offering stock to new investors. However, the proposed fundraising plan will only be carried out after the completion of AirAsia X’s debt restructuring exercise...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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