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  • 7 hours ago
Malaysia's AirAsia X targets US$500mil to US$600mil in debt restructuring after the budget airline this week bought the short-haul aviation business of Capital A, says deputy group CEO Farouk Kamal in an interview.

AirAsia X plans to combine the firms' seven airlines under one banner.

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Transcript
00:00We're looking at a restructuring of the debt in terms of the interest costs, so that
00:29number is probably at the moment in the near term is about five to six hundred million dollars.
00:36So yeah, I think from a debt perspective that's what we're looking to do.
00:40We are also looking at a lot of refinancing initiatives as I highlighted in order to stretch out the tenure,
00:47to reduce the interest costs and to collapse all our debt instruments into one or two loan instruments.
00:55We are setting up a Bahrain Hub to also connect into those regions, Central Asia, Middle East,
01:03Europe and Africa. And I think one of the exciting ones that we're looking forward to is eventually
01:09looking at the connectivity back into London, into the UK. That was something that we've done
01:16many, many years ago. And I think that's exciting for a lot of passengers, a lot of our customers
01:22here in the ASEAN region.
01:27I think outlook for this year will be good. I think we have visit Malaysia year 2026.
01:33So, and we look forward to more arrivals. And I think the good thing is we have all our aircraft
01:40back up for this year. So, definitely a better year than last year.
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