AirAsia X reached an agreement with its creditors, including Airbus, to reduce its debt drastically – and reduce existing aircraft orders. Last September, Airbus and AirAsia reached an agreement to restructure the airline’s orders. This restructuring included...
Yesterday, Norwegian officially ended its bankruptcy protection status, having rid itself of most of its debt. But they still face challenges, as a smaller airline. Already last week, the troubled low-cost carrier announced that they raised NOK 6 billion ($721...
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