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Thai Airways disputes US$7.4bil of aircraft lessor claims
BANGKOK: Thai Airways International Pcl is challenging some US$7.4bil (RM30.4bil) in claims from dozens of aircraft lessors and engine service provider Rolls-Royce Holdings Plc, saying it isn’t liable for the monies because they concern future expenses and were incurred after the airline received bankruptcy protection from a Bangkok court.
AirAsia X assures recovery for lessors in new restructuring proposal
KUALA LUMPUR: Malaysian long-haul budget airline AirAsia X Bhd (AAX) has proposed a separate restructuring programme for its aircraft lessors that aims to tackle their concerns, citing a chance to recover rental losses, a document seen by Reuters shows.
Malaysian court orders AirAsia X to convene creditor meetings within 6 months
KUALA LUMPUR: Malaysia's high court has ordered budget long-haul airline AirAsia X Bhd (AAX) to convene separate meetings with its different groups of creditors within 180 days from the date of order.
AirAsia X assures recovery for lessors in new revamp plan
KUALA LUMPUR: Malaysian long-haul budget airline AirAsia X Bhd (AAX) has proposed a separate restructuring programme for its aircraft lessors that aims to tackle their concerns, citing chance to recover rental losses, a document seen by Reuters shows.
MAG concludes meeting with creditors
Firm looks forward to realising its restructuring plan
Malaysia Airlines parent company MAG concludes meeting with creditors
KUALA LUMPUR: Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has successfully concluded a meeting with creditors as part of its comprehensive restructuring plan.
Thai Airways grounds aircraft, lays off 395 pilots as part of rehab plan
BANGKOK, Feb 8 (The Nation Thailand/ANN): Thai Airways (THAI) has decided to ground three kind of aircraft in its fleet, namely Airbus A-330-300, Airbus 380 and Boeing 747, as part of its rehabilitation plan.
AirAsia X shows court creditors’ support for revamp 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.
AirAsia X shows court creditors' support for restructuring plan
KUALA LUMPUR (Reuters): Most of AirAsia X Bhd (AAX)'s lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganization, court documents filed this month show.
AirAsia X shows court creditors' support for restructuring plan
KUALA LUMPUR: Most of AirAsia X Bhd (AAX)'s lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganization, court documents filed this month show.
