News for BOC Aviation Limited (8BO.F)

KUALA LUMPUR: Long-haul budget airline AirAsia X Bhd (AAX) has proposed a separate restructuring programme for its aircraft lessors that aims to tackl...

The High Court here today has granted leave (permission) for budget airline AirAsia X Bhd to hold meetings with its creditors. The court has also separated the 14 creditors into three different classifications — the first being Malaysia Airports Holdings Bhd (MAHB), the second consists of the other creditors, and the third being Airbus.

19 Jan 2021 BOC Aviation delivered two Airbus A320NEO aircraft to Air China. Both aircraft are from the Company's existing order book. Attachments Original... | January 27, 2021

In emails attached to the court filings, supportive lessors said they wanted to continue discussions with the budget airline and potential new investors, seeking more equitable terms and new commercial arrangements.

AirAsia X shows court creditors' support for restructuring plan