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Tiger Airways posts 60% jump in quarterly profit; capacity growth of 40% in 1H2012

Analysis

Tiger Airways Holdings posted a 60% jump in net profit for the three months ended Dec-2010 to USD17.6 million on the back of rising passenger volumes and higher average fares. The carrier, 34.4% owned by Singapore Airlines, also reported record passenger numbers and load factors in 2010, due to a sharp recovery in Asia Pacific traffic.

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