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Saving Airasia Group and Airasia X: Covid-19 Recovery Thread

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AirAsia X A330-343 9M-XXY MSN 1600 (stored at Nimes) & 9M-XXP MSN 1481 (stored at Toowoomba) have been repossessed by lessors.

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Thai AirAsia's capital restructuring is seen positive: MIDF Research

https://www.nst.com.my/business/2021/04/686064/thai-airasias-capital-restructuring-seen-positive-midf-research 

https://www.theedgemarkets.com/article/thai-airasia-restructuring-see-capital-injection-315-bil-baht

KUALA LUMPUR (April 27): Asia Aviation Public Company Ltd's (AAV) board of directors has approved the resolutions of its subsidiary Thai AirAsia Co Ltd's (Thai AirAsia) corporate and capital restructuring plan, which will see a new investor providing a loan to the latter for a maximum amount of up to 3.15 billion baht (10 baht=RM1.31).

Thai AirAsia is the main operating subsidiary of AAV, which is under low-cost airline AirAsia Group Bhd's stable of companies. AAV is the listed holding company of Thai AirAsia.

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