Creditors can’t sue AirAsia X for another 9 months, says Malaysia court
The Malaysian high court has granted AirAsia X Bhd a nine-month extension on a restraining order which prevents creditors from filing any legal proceedings against it, the airline said in a stock exchange filing.
The filing on Thursday said the extension runs nine months from the day of the announcement.
The court had granted a restraining order in March for three months, as the budget airline undergoes a restructuring of its 64.15 billion ringgit ($15.5 billion) debt.
