Thai AirAsia X is committing to paying a refund in full to all 6,500 paid bookings during the two years of the pandemic, even as the airline is undergoing bankruptcy.
Tassapon Bijleveld, director at Thai AirAsia X, said after a Thai bankruptcy court accepted its petition on May 17, the court will hear from creditors in case there are any objections.
The airline reportedly has accumulated debt of around 25 billion baht, with the major proportion attributed to aircraft leasing contracts.
The airline previously had 15 jets in the pre-pandemic years, but downsized to five aircraft this year.
If creditors vote in favour of the bankruptcy petition, the…