business is all about the future from investors point of view, but unfortunately not traders. if Tony managed to pitch to the creditors that 20% of profit sharing over an agreed period of duration is still a big win for them, there is a good chance that AAX can continue to fly.
every aviation and tourism sectors are severely hits by covid, now that we have vaccines rolling out and the globe is moving into endemic, revenge travel is very likely to happen.
Stock: [AAX]: AIRASIA X BERHAD
2021-10-30 20:37 | Report Abuse
business is all about the future from investors point of view, but unfortunately not traders. if Tony managed to pitch to the creditors that 20% of profit sharing over an agreed period of duration is still a big win for them, there is a good chance that AAX can continue to fly.
every aviation and tourism sectors are severely hits by covid, now that we have vaccines rolling out and the globe is moving into endemic, revenge travel is very likely to happen.
https://fortune.com/2021/10/09/what-is-revenge-travel-pandemic-covid-delta-variant/