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