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Published Wed, Mar 30, 2016 · 09:50 PM

Tiger Airways

TIGER Airways is selling two Airbus A320 aircraft to Stellar Aircraft Holding 1 at a loss to rightsize its fleet. As at March 31, 2015, the carrying value of the two planes had been written down to S$71 million. Upon completion of the sale, Tiger will record an S$8 million loss on disposal.

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