Tiger Airways Australia grounded; potential blow to the low-cost, low-fare market in Australia
Tiger Airways Australia is today the subject of unprecedented action by Australia's Civil Aviation Safety Authority (CASA) to ground an entire airline's fleet, citing an immediate risk to air safety. The carrier is grounded for the next week at least (the maximum permitted under CASA's legislation), though the regulator has implied it is likely to apply to the Federal Court to have the grounding extended, in what could be a potentially devastating blow to the low-cost carrier and low-fare travel in Australia.
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