AirAsia X targets up to $600 million debt restructuring after combining airlines

Core Viewpoint - AirAsia X aims to restructure $500 million to $600 million in debt following its acquisition of the short-haul aviation business from Capital A [1] Group 1: Company Developments - AirAsia X has recently purchased the short-haul aviation business of Capital A, indicating a strategic move to enhance its operational capabilities [1] - The Deputy Group CEO, Farouk Kamal, has confirmed the debt restructuring target, highlighting the company's focus on financial stability and growth [1]