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Tigerair Mandala to stop flying from next month

Its three shareholders decide to cease funding airline as it could not operate sustainably

Mr Lee: Stresses that the group would continue to maintain an active presence in Indonesia through Tigerair Singapore

LOSS-MAKING Tigerair Mandala will cease operations from next month after an unsuccessful effort to sell the struggling airline.

In a statement yesterday, Tiger Airways Holdings said the shareholders of Mandala had "vigorously explored various options in recent months" before deciding to...

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