AirAsia X Makes Passengers With Outstanding Refunds & Tickets Creditors In The Restructuring Process

AirAsia X, Kuala Lumpur-based medium/long-haul arm of AirAsia, is trying to shed $15B+ in debts by wiping out 99.7% of its outstanding obligations and recently began liquidating AirAsia X Indonesia. AirAsia X has sent out emails to passengers with outstanding tickets or refunds the airline may not honor, telling that they are essentially just creditors … Continue reading AirAsia X Makes Passengers With Outstanding Refunds & Tickets Creditors In The Restructuring Process