AirAsia Indonesia Mulls Share Sales, Liability Restructuring
PT AirAsia Indonesia is exploring share sales and liability restructuring to improve its financial standing. The airline's shares have been suspended since July.
PT AirAsia Indonesia is considering restructuring some liabilities and selling shares as the low-cost carrier seeks to repair a balance sheet that has kept its shares suspended since July.
READ NEXT
More on the wire
AI TLDR
Christa Pike remains alive following two lethal injection attempts during a chaotic execution process in Tennessee. The U.S. Supreme Court had previously overruled a stay of execution for the 50-year-old inmate.
AI TLDR
A former Northern Arizona University fraternity leader was sentenced to two months in jail and three years of probation for his role in a fatal hazing incident.
AI TLDR
A Long Island father was fatally shot in a targeted attack at a Suffolk County park. Following the shooting, a brawl erupted at the hospital where he was taken, resulting in a facility lockdown.