Comment: If the dscounted air travel business is highly lucrative, then Tiger Airways must be doing a real fuck-up job losing money year after year. Wall Street Journal, 16 Oct 2014Singapore Airlines plans to convert its perpetual convertible capital securities into Tiger Airways shares, a move that will increase Singapore Airlines’ stake to 55% fromContinue reading “SIA bails out loss-making Tiger Airways by making it a subsidiary”
Tag Archives: aviation
Govt-linked loss-making Tigerair shrinks it business further with the dropping of it’s Perth route
Australian Aviation, 13 Oct 2014Perth has lost a second carrier on the Singapore route with Tigerair Singapore to drop service to the West Australian capital in early February 2015 as part of the low-cost carrier’s network review.A Tigerair Singapore spokesperson said decision to end service to Perth was made after careful consideration and confirmed theContinue reading “Govt-linked loss-making Tigerair shrinks it business further with the dropping of it’s Perth route”
Singapore News Channel, Singapore News Network 