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SIA bails out loss-making Tiger Airways by making it a subsidiary

Comment: If the dscounted air travel business is highly lucrative, then Tiger Airways must be doing a real fuck-up job losing money year after year. Wall Street Journal, 16 Oct 2014 Singapore Airlines plans to convert its perpetual convertible capital securities into Tiger Airways shares, a move that will increase Singapore Airlines� stake to 55% from 40%, Tiger Airways said in a statement on
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Govt-linked loss-making Tigerair shrinks it business further with the dropping of it's Perth route

Australian Aviation, 13 Oct 2014 Perth has lost a second carrier on the Singapore route with Tigerair Singapore to drop service to the West Australian capital in early February 2015 as part of the low-cost carrier�s network review. A Tigerair Singapore spokesperson said decision to end service to Perth was made after careful consideration and confirmed the last flight to depart Perth for the
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