News Forum - Thai AirAsia X seeks for new investors as flights to resume next year

[Thaiger]

Thai AirAsia X under the AirAsia group, is seeking new investors for a major restructuring in order to resume international flights next year, after a two-year halt of its low-cost carriers. According to Tassapon Bijleveld, executive chairman of SET-listed Asia Aviation (AAV), and a shareholder of Thai AirAsia X, the 11-aircraft fleet was reduced to seven earlier this year, and one of them was converted into a cargo service to avoid financial losses. He added Thai AirAsia X needs more cash to launch passenger flights, which are likely to resume next year as Thai AirAsia received extra fundings last week. […]

The story Thai AirAsia X seeks for new investors as flights to resume next year as seen on Thaiger News.

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[Dedinbed]

1 hour ago, Thaiger said:

Thai AirAsia X under the AirAsia group, is seeking new investors for a major restructuring

Bit like trying to get a tart to buy a chastity belt that'll be .. 

[HiuMak]

Tony feeling the pinch now

[Bangkok_Gary]

Investor: a rich sugar Daddy giving them money they won't be able to pay back.