AirAsia X is offering all creditors just 0.5% of its USD8bn debt. Included in this deal are all the passengers who have made advanced payments for flights not taken due to Covid 19. Pankaj C. Kumar, a business columnist tells us if passengers should rank pari passu with other creditors or should there be an alternative option.



Image credit: Shutterstock.com

AirAsia X is offering all creditors just 0.5% of its USD8bn debt. Included in this deal are all the passengers who have made advanced payments for flights not taken due to Covid 19. Pankaj C. Kumar, a business columnist tells us if passengers should rank pari passu with other creditors or should there be an alternative option.

Image credit: Shutterstock.com

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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