AirAsia X aiming to resume scheduled operations from early 2021, applying for USD122m loan

    AirAsia X announced (19-Nov-2020) it hopes to resume scheduled operations on a staggered basis starting in early 2021. The company plans to make an application for a government guaranteed loan of up to MYR500 million (USD121.9 million) under the Danajamin PRIHATIN Guarantee Scheme. The application is subject to a credit assessment, final evaluation and approval from relevant financial institutions.