AirAsia X Liquidating Indonesian Ops, Takes Write-Down On Thai Stake 

AIrAsia X
Credit: Nigel Howarth / Aviation Week
AirAsia X is liquidating its Indonesian unit and has written down its 49% holding in Thai AirAsia X as the long-haul LCC struggles to pay for aircraft leases across all of its AOCs. In an interview with Malaysian newspaper The Star, newly appointed AirAsia X deputy chairman Lim Kian Onn said AirAsia...
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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