Struggling airline
Älter als 7 Tage

Losses deepen for Malaysian carrier AirAsia X

Foto
Thai AirAsia X Airbus A330-900, © Airbus

Verwandte Themen

KUALA LUMPUR - AirAsia X's net loss widened by 82% in the fourth quarter, it said in a stock exchange filing on Friday, for a seventh straight quarterly loss as operations remain grounded because of the COVID-19 pandemic.

The airline recorded 174.3 million ringgit ($43.06 million) in losses for the October-December period, compared with 95.8 million ringgit in the same quarter a year ago. Revenue plunged 95% to 54.7 million ringgit.

AirAsia X, an affiliate of AirAsia Group, is seeking a restructuring of its debt. A Malaysian court this week granted it leave to convene meetings with creditors to vote on a plan to reconstitute 64.15 billion ringgit of debt.

"This decision by the court to allow the company to seek concessions from its creditors represents an important step forward in the restructuring process," AirAsia X said.

The airline has plans to raise up to 500 million ringgit via new equity funding from existing and new investors to provide sufficient capital to restart operations when international borders reopen. The proposed fundraising exercise, however, is dependent on the restructuring plan succeeding.
© Reuters, aero.uk | 26.02.2021 12:35


Leser-Kommentare (0) Zur Startseite

Um einen Kommentar schreiben zu können, müssen Sie sich bei aero.de registrieren oder einloggen.

Stellenmarkt

Schlagzeilen

Meistgelesene Artikel

Community

FLUGREVUE 04/2014

Video-Blog

KLM Boeing 747-400 Amsterdam - St. Martin

Kurzreportage über den Anflug mit einer KLM Boeing 747-400 auf St. Martin. Der Landeanflug führt tief über den Maho Beach, an dem sich Passagierjets sehr gut beobachten lassen und schon viele spektakuläre Filmaufnahmen und Fotos entstanden sind. Dieses Video gibt einige interessante Hintergrundinformationen zum Anflug.

Shop

CCBot/2.0 (https://commoncrawl.org/faq/)