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Firdaus Hashim

Firdaus Hashim

AirAsia X proposing to pay 0.5 percent of debt

AirAsia X

Malaysia’s AirAsia X (AAX) is proposing to pay around 0.5 percent of the debt owed to its creditors, and to terminate all existing contracts in order to allow the long-haul low-cost carrier to restructure its liabilities, reports Reuters, citing a document…