AirAsia X Gains Court Clearance For Restructuring Plan

AIrAsia X
Credit: Rob Finlayson
A Malaysian court has approved AirAsia X’s debt restructuring agreement, clearing the way for the long-haul LCC to proceed with its recovery plan. AirAsia X gained approval for the debt restructuring from its creditors in November but still needed court sign-off, which was granted Dec. 16. The debt...

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