Malaysia’s AirAsia X targets $500 million to $600 million 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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“We are also looking at a lot of refinancing initiatives … to stretch out the tenure, to reduce the interest cos… [1765 chars]
Source: Reuters | Published: 2026-01-22T05:35:50Z
Credit: Reuters
