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    AAX   MYL5238OO000

AIRASIA X BERHAD

(AAX)
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AirAsia X Berhad : Clarification On Article Titled, "With Creditor Talks Progress, Malaysia's Airasia X Eyes End-Oct Meets"

09/17/2021 EDT

Reference is made to the Article titled, 'With creditor talks progress, Malaysia's AirAsia X eyes end-Oct meets' dated 17 September 2021 which was published by Thomson Reuters.

The Company wishes to clarify that whilst good progress has been made on substantial issues with lessors, Airbus, Rolls-Royce and service providers, final negotiations are still ongoing, particularly with respect to commercial arrangements going forward.

The Company hopes to be able to hold the creditors' meeting by the end of October 2021.

This announcement is dated 17 September 2021.


Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 17 Sep 2021
Category General Announcement for PLC
Reference Number GA1-17092021-00073

Disclaimer

AirAsia X Bhd published this content on 17 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 September 2021 00:11:00 UTC.


© Publicnow 2021
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Analyst Recommendations on AIRASIA X BERHAD
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Financials
Sales 2020 1 243 M 300 M 300 M
Net income 2020 -1 679 M -405 M -405 M
Net Debt 2020 6 273 M 1 512 M 1 512 M
P/E ratio 2020 -0,47x
Yield 2020 -
Capitalization 373 M 89,8 M 90,0 M
EV / Sales 2020 5,35x
Capi. / Sales 2021 0,16x
Nbr of Employees 2 364
Free-Float 49,8%
Chart AIRASIA X BERHAD
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AirAsia X Berhad Technical Analysis Chart | AAX | MYL5238OO000 | MarketScreener
Technical analysis trends AIRASIA X BERHAD
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus SELL
Number of Analysts 1
Last Close Price 0,09 MYR
Average target price 0,01 MYR
Spread / Average Target -88,9%
EPS Revisions
Managers and Directors
Benyamin bin Ismail Co-Chief Executive Officer
Nadda Buranasiri Group Co-Chief Executive Officer
Andrew Robert Littledale Chief Financial Officer
Rafidah binti Aziz Senior Independent Non-Executive Chairman
Soon Yee Ong Head-Engineering
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