AirAsia X Berhad (AirAsia X) has announced a restructuring plan geared at facilitating an injection of fresh equity that it is hoped will allow the airline to fly again. AirAsia X has appointed Dato’ Lim Kian Onn as the deputy chairman to lead the airline restructuring. He is a Chartered Accountant and was an investment banker. He has been a Board member of AirAsia X since 2012. AirAsia X says that it is facing severe liquidity constraints following the grounding of all scheduled flights due to government restrictions and says that there is no imminent return to normalcy. “An imminent

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