09-Dec-2009 1:38 PM
Tiger Airways Australia drags down Tiger Airways Group, Ryanair's talks with Boeing break down
Analysis
Tiger Airways Australia wiped out a small profit reported by Tiger Airways Singapore in the 12 months ended 31-Mar-2009, pushing the Tiger Airways Group into the red and significantly reducing the company's cash reserves, which slumped 60% to under USD10 million (USD9.5 million).
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