Is the divestment of the aviation business to promote restructuring, and Yibi Investment ushered in a new era?

1) The sale of Yibi Investment Group and the acquisition of AirAsia Group will be paid in the form of shares and debt settlement, with a total value of RM6.8 billion.

2) Shareholders' equity will be corrected for the first time in 14 quarters after the divestment, and AirAsia Long Range's shareholders' equity will also be strengthened after the transaction.

3) AirAsia Group (AirAsia Group) will consolidate its position as Asia's largest low-cost airline with a win-win “single airline” strategy, thereby transforming the face of global low-cost travel.

4) The AirAsia Group's ultimate vision is to create a company based on a strong narrow-body fleet to improve operational efficiency and reduce costs by expanding range capabilities.

CEO Tan Sri Tony Fernandes said: