Budget carrier AirAsia X out of money, needs $120m for restart

Budget carrier AirAsia X out of money, needs $120m for restart

REUTERS/Chaiwat Subprasom

Long-haul, low-cost carrier AirAsia X Bhd has run out of money and needs to raise up to 500 million ringgit ($120.60 million) to restart the airline, deputy chairman Lim Kian Onn said in a newspaper interview published on Saturday.

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