AirAsia X says it will give travel credits to passengers affected by its debt restructuring

KUALA LUMPUR: AirAsia X (AAX) has given assurance that it will put in place travelling privileges in the form of travel credits for its passengers who are affected by its debt restructuring, where the credits can be utilised for future purchases of flight tickets once international borders reopen.

AAX said the affected passengers would also receive the 0.5 per cent payment of what is owed and other cash-based entitlements based on its annual revenue performance over three years as explained in the explanatory statement issued to all creditors recently.