Star Exclusive - AAX: The last stand


AirAsia X

A MASTER reset at the loss-making and debt-laden AirAsia X Bhd (AAX) has been a long time coming.

It could have dragged its financial woes on and on but the Covid-19 pandemic, which has thrashed the aviation industry globally, may very well have forced the hand of low-cost, long-haul associate of AirAsia Group Bhd. It could still be a blessing in disguise, depending on how the restructuring plan for its RM63.5bil debt turns out.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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AirAsia X , restructuring , Lim Kian Chin , AAX , aviation ,

   

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