AirAsia X, Is There A Better Deal Out There?

Pankaj C. Kumar, Business commentator

27-Oct-21 08:45

AirAsia X, Is There A Better Deal Out There?

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AirAsia X is offering all creditors just 0.5% of its USD8bn debt. Included in this deal are all the passengers who have made advanced payments for flights not taken due to Covid 19. Pankaj C. Kumar, a business columnist tells us if passengers should rank pari passu with other creditors or should there be an alternative option.

Image credit: Shutterstock.com

Produced by: Wong Shou Ning

Presented by: Wong Shou Ning, Philip See

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Categories: Business Analysis, Trends and Forecasts, Markets, Personal Finance, Investments, Financial Literacy, Young Finance, Auto, Politics, law & legal matters

Tags: AirAsia, AirAsia X, debt, restructure, creditor, refund, travel, credit, cash, Tony Fernandes,

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