SIA chief rules out offer for full control of Tiger Airways
Airline wants to focus on restoring financial health of associate
Singapore
SINGAPORE Airlines (SIA) might want to tame the Tiger, but it does not want the entire animal in the house. During a briefing on Friday, SIA's CEO Goh Choon Phong took pains to put to rest speculation about a complete takeover of the troubled Tiger Airways.
"At this point in time, a takeover offer for Tiger Airways is not under consideration," he said. Instead, SIA wants to focus on how it can help its haemorrhaging associate back to financial health.
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