Air Asia optimistic on profitability.

The restructurings include the waiver of lease rentals in arrears as well as reducing future lease rates with a corresponding longer lease term where necessary and return of aircraft. At 30 June 2022, the group's lease liabilities amounted to MYR14.2 billion ($3.18 billion) and included deferred aircraft leases of approximately MYR1.8 billion. Subsidiary airlines of Malaysia-based Capital A, the company formerly known as Air Asia Group, have restructured 106 aircraft leases. [Extracted from the article]