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Has the tide turned for Tiger Airways?

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TIGER, NOW AN SIA SUBSIDIARY: Last year, Singapore Airlines (SIA) boosted its stake in Tiger from 40 per cent to 55.8 per cent, making it a subsidiary and giving Tiger a stronger balance sheet in the process.

Singapore

SOME analysts seem to think that budget carrier Tiger Airways has turned a corner, and are banking on it delivering a profit for FY16, after having suffered four consecutive years of full-year losses.

It has undertaken drastic restructuring, including hiving-off loss-

sentifi.com

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