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AirAsia X shares slump on restructuring news

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AirAsia X shares slump on restructuring news

Following AirAsia X’s announcement yesterday that it is embarking on a restructuring in order to save the airline, shares in the Kuala Lumpur-traded stock fell 10% today. Reacting to the news, analysts said that the success of the restructuring plan would depend on how creditors value its asset po...

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