{"id":370179,"date":"2020-08-27T10:59:25","date_gmt":"2020-08-27T05:29:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=370179"},"modified":"2020-08-27T10:59:25","modified_gmt":"2020-08-27T05:29:25","slug":"malaysias-airasia-x-seeks-creditor-help-as-losses-deepen","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/malaysias-airasia-x-seeks-creditor-help-as-losses-deepen\/","title":{"rendered":"Malaysia&#8217;s AirAsia X seeks creditor help as losses deepen"},"content":{"rendered":"<p>KUALA LUMPUR : AirAsia X Bhd needs creditors&#8217; support to ride out the coronavirus crisis, the Malaysian long-haul budget airline said on Wednesday, as it posted a quarterly loss and revenue plunge.<\/p>\n<p>The company reported a net loss of 305.2 million ringgit ($73.2 million) for the April-June quarter versus a net loss of 207.1 million ringgit a year earlier.<\/p>\n<p>Revenue tumbled 91% to 91.4 million ringgit, it said in a bourse filing, as air travel was almost brought to a halt by restrictions to control the COVID-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR : AirAsia X Bhd needs creditors&#8217; support to ride out the coronavirus crisis, the Malaysian long-haul budget airline said on Wednesday, as it posted a quarterly loss and revenue plunge. The company reported a net loss of 305.2 million ringgit ($73.2 million) for the April-June quarter versus a net loss of 207.1 million ringgit a year earlier. Revenue tumbled 91% to 91.4 million ringgit, it said in a bourse filing, as air travel was almost brought to a halt by restrictions to control the COVID-19 pandemic.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-370179","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/370179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=370179"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/370179\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=370179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=370179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=370179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}