Long haul carrier AirAsia X said Thursday that its quarterly loss had widened that after revenue dropped by 94% over the July to September period.

The unit off AirAsia group has proposed a major restructuring to avoid liquidation.

It's working on implementation of the scheme, which it says is vital to its future as a going concern.

AirAsia X is also in talks over a government guarantee loan worth as much as $120 million.

Meanwhile, Norwegian Air is seeking shelter.

The debt laden carrier said late Wednesday that it had filed for bankruptcy protection.

It made the move in Ireland, where its aircraft assets are held.

The company says it hopes to swiftly exit the process as an investable business.

Earlier, some of the airline staff had demonstrated in front of the Oslo parliament to demand more state aid that after noise government last week rejected a plea for further support.

The airline has already drastically scaled back operations, flying just six off its 140 planes.