AirAsia X targets up to US$600mil debt restructuring after combining airlines


KUALA LUMPUR: Malaysia's AirAsia X targets US$500mil to US$600mil in debt restructuring after the budget airline this week bought the short-haul aviation business of Capital A, Deputy Group CEO Farouk Kamal said.

AirAsia X, the medium-haul affiliate of Capital A's AirAsia, plans to combine the firms' seven airlines under one banner.

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