Malaysian Tycoon Tony Fernandes’ AirAsia X Completes Restructuring; To Reverse $7.9 Billion Of Debt Provisions - Forbes

3/16/2022 12:00:00 AM3 years 1 month ago
by Jonathan Burgos
by Jonathan Burgos
AirAsia X—the long-haul subsidiary of Malaysian tycoons Tony Fernandes and Kamarudin Meranun’s Capital A—has completed its debt restructuring, paving the way for the airline to reverse 33 billion ringgit ($7.9 billion) in provisions previously set aside for t…
Malaysia's long-haul budget airline AirAsia X Airbus A340 jetliner is greeted with jets of water ... [+] upon its landing at the end of the AirAsia X first flight Kuala-Lumpur -Paris at Paris' Orly a… [+2602 chars]
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