AAX’s senior legal counsel, Shereen Ee, said in court documents seen by Reuters that 15 out of 20 aircraft lessors were not in favour of AAX liquidating, and three other interveners – Airbus, Rolls-Royce Group and BNP Paribas – were “not objecting” to the restructuring plan
KUALA LUMPUR: Most of AirAsia X Bhd
’s (AAX) lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganisation, court documents filed this month show.
In e-mails attached to the court filings, supportive lessors said they wanted to continue discussions with the budget airline and potential new investors, seeking more equitable terms and new commercial arrangements.
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