AirAsia X in the spotlight

PublicInvest Research said final negotiations with lessors and creditors are still ongoing and the company hopes to hold the creditors’ meeting by the end of next month.

KUALA LUMPUR: All eyes are on AirAsia X Bhd (AAX) as the group plans to raise new equity funding to help restart its operations when international borders reopen.

PublicInvest Research in its latest report said it is keeping estimates unchanged at this juncture, pending completion of AAX’s restructuring exercise.