AirAsia X shakeup continues

Credit: By Rob Finlayson
Malaysia-based long-haul carrier (LCC) AirAsia X (AAX), which recently replaced its CEO on the back of ongoing low profits, has submitted a rights issue to raise MYR395 million ($110 million) in working capital. The LCC recently replaced previous CEO Azran Osman-Rani with Benyamin Ismail and...

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