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AirAsia Group publishes restructuring plan proposal

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AirAsia Group publishes restructuring plan proposal

AirAsia Group (AAGB) has released details of a restructuring and recapitalisation plan for Asia Aviation (AAV) and Thai AirAsia (TAA). AAV proposes to inject THB3,900 million (approx. US$117.1 million) into Thai AirAsia by way of a new equity issuance, increasing AAV’s direct holdings in the compa...

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