AirAsia X to revise $15.3b debt reform plan to expedite talks with creditors

AirAsia X to revise $15.3b debt reform plan to expedite talks with creditors

AirAsia Bhd aircraft are parked at Chiang Mai International Airport in Chiang Mai, Thailand, on Wednesday, Dec. 13, 2017. Photographer: Taylor Weidman/Bloomberg

Malaysia’s AirAsia X Bhd plans to drop a local airport operator from its $15.3 billion debt restructuring plan to expedite discussions with creditors as its cash is running out fast, people with direct knowledge of the matter said.