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Has the tide turned for Tiger Airways?
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Nisha Ramchandani
Published Wed, Sep 23, 2015 · 09:50 PM
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-making overseas ventures, reducing its fleet size, bolstering its load factors and boosting yield via capacity discipline - and these actions appear to be finally paying off.
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