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Move to streamline Tigerair, Scoot ops reverses SIA share fall

Analysts say operating the budget carriers under one company is a move in the right direction

Singapore

SHARES in Singapore Airlines (SIA) closed 13 cents higher at S$10.76 on Wednesday, after the group announced that it would operate its two budget carriers, Scoot and Tiger Airways, under one company.

This arrested a downward trend in trading of the shares, which has been