AirAsia X

The loss was primarily attributable to the impairment of assets; revenue for the quarter fell 11.2%

Most of AirAsia X's lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganisation, court documents show

Despite Airbus's objections, AAX's affidavit filed on Monday showed it supported a creditors' meeting needed to approve the scheme

Aircraft manufacturer Airbus SE said it stands to lose more than $5 billion worth of aircraft orders if AirAsia X Bhd's debt restructuring scheme goes through, court documents showed

The airline plans to liquidate its small Indonesia-based carrier and has completely written down its stake in Thai AirAsia X in its books, with the Thai carrier not part of the restructuring scheme

AirAsia X's fleet was grounded in mid-April apart from a limited number of cargo and charter flights

In a filing to the bourse, it also recorded a depreciation of right of use of asset, and finance costs for lease liabilities during the quarter

At present, the airline flies three times a week service to Delhi from Kuala Lumpur