05-Jan-2009 11:44 AM
Korean protectionism, downturn scupper Tiger Airways' Korean plans
Analysis
Tiger Airways has scrapped plans to establish a JV airline in South Korea, citing the global economic slowdown and regulatory uncertainties. Tiger and its 51% local partner, the Incheon Metropolitan City Government, stated the climate is "not conducive to the successful launch of a new airline at this time".
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