AirAsia X gets approval from Malaysian court for restructuring scheme

AirAsia X gets approval from Malaysian court for restructuring scheme

REUTERS/Beawiharta

A Malaysian court has approved a restructuring scheme for budget long-haul carrier AirAsia X Bhd that will pay just 0.5% of debt owed and end existing contracts, the airline said in a Thursday filing.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter