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OCTOBER 2021

Week 43

News

AirAsia X moves to calm passenger fears over restructure

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October 25th 2021

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AirAsia X (AAX) has moved to reassure passengers they will receive some form of compensation from its proposed restructuring. Read More » The airline has told creditors, which includes passengers and travel agents owed some RM600 million ($US144.4m), they will collect 0.5% of funds owed to them. The offer has attracted criticism with experts calling for passengers to receive acceptable compensation and warning the company risks losing the trust of consumers. AirAsia X issued a statement late last week indicating it was planning to provide affected customers with some form of travel credit if the restructuring is successful, but did not offer specific details. “We wish to assure [creditors] that where the AAX debt restructuring exercise is successful, it is the intention of AAX to put in place travelling privileges in the form of travel credits. They can be utilised for future purchases of flight tickets or other goods or services provided by AAX once international borders reopen,’’ the statement said. “In general, the Scheme is intended to comprise the debts of AAX and release AAX from all claims and liabilities in accordance with the terms of the Scheme including any claims for refunds. Notwithstanding, AAX recognises the support of passengers and the importance of their goodwill and intends to put in place a form of travel credits to reward such passengers. The travel credits are not obligatory and if implemented, shall be provided at AAX’s discretion and in such manner and upon such terms as it deems fit.”

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Response(s).

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March 23rd 2024 07:05am


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March 9th 2024 08:12am


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November 18th 2023 02:00pm


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July 6th 2023 03:05pm


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July 6th 2023 03:00pm


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January 20th 2023 09:50pm


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January 13th 2023 10:06pm


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January 8th 2023 01:13am


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December 27th 2022 09:09pm


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November 10th 2022 10:11pm


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November 4th 2022 07:51pm


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June 11th 2022 09:41pm


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May 21st 2022 01:37pm


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May 20th 2022 01:39am


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April 29th 2022 12:15am


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April 25th 2022 02:43pm


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March 30th 2022 03:25am


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March 29th 2022 03:50am


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January 29th 2022 03:11pm


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January 24th 2022 10:11am


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November 27th 2021 10:45pm


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November 25th 2021 12:43am


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November 10th 2021 02:06am


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November 7th 2021 12:31am


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Lydia Carol says:

October 25th 2021 04:55pm


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Betty Kari says:

October 25th 2021 04:55pm


I am very pleased with the help CYBER CREDIT GURU rendered in restoring my credits. I am a disabled Veteran who over the past 2 years had to let my credit go due to health priorities that were not covered by VA & other insurance, my credit scores were 514 Experian, 515 Equifax, and 518 TransUnion. No public records, only 3 open Accts but several collection Accts with Zero Balances, few Weeks ago, I ran into some Credit blogs on the net which led me to CYBER CREDIT GURU the most talked about US based Russian hacker, who tremendously repaired and upgraded my credit score to 784, 789, and 802 within the 3 Bureaus in just a Week after I contacted him. If faced with similar challenge, connect with him via: C Y B E R C R E D I T G U R U (AT) G M A I L (DOT) C O M or Call / Text: +1(650) 239 7249 you too can be helped, I recommend him without hesitation.

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