Industry — AirAsia X

Malaysia's AirAsia X gets shareholder go-ahead for restructuring plan

AirAsia X Malaysia restructuring

Malaysia's AirAsia X gets shareholder go-ahead for restructuring plan

Malaysia's AirAsia X gets shareholder go-ahead for restructuring plan   An AirAsia X Airbus A340 passenger jet arrives on its inaugural flight from Kuala Lumpur to Paris Orly Airport in this February 14, 2011. REUTERS/Charles Platiau AirAsia X Bhd (AIRX.KL) shareholders have approved the Malaysian budget airline's debt restructuring, it said on Tuesday, allowing it to pursue a scheme it viewed as key to survival. Shareholders of the long-haul affiliate of AirAsia Group Bhd (AIRA.KL) approved all resolutions at an extraordinary general meeting, including a rights issue and a share subscription for new investors to raise 500 million ringgit. AirAsia...

Leer más →