AirAsia X, Is There A Better Deal Out There?
Pankaj C. Kumar, Business commentator
27-Oct-21 08:45
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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,
