Malaysia’s AirAsia X creditors agree restructuring, Airbus orders cut
Proposing to pay just 0.5% of debt owedShares close 25% higherTo cut Airbus orders to 15 A330neos, 20 A321XLRs (Reuters) – AirAsia X (AAX) creditors…
restructuring
Malaysia’s AirAsia X gets shareholder go-ahead for restructuring plan
(Reuters) – AirAsia X Bhd shareholders have approved the Malaysian budget airline’s debt restructuring, it said on Tuesday, allowing it to pursue a scheme it…
French Airbus workers sign key restructuring deal
(Reuters) – Major French unions on Monday signed a keenly awaited labor deal with Europe’s Airbus AIR.PA covering job reductions and furloughs for production workers…