Tiger upbeat for Southeast Asia on record profits; disappointed with Australia

The combination of record profits at its Singapore operation and “disappointing” financial results at its Australia operation is prompting Tiger Airways to accelerate expansion in Southeast Asia while halting all growth in Australia. In addition to more capacity from Singapore, the expansion in Southeast Asia includes a new partnership with Mandala, an Indonesian carrier which suspended operations in Jan-2011 and now aims to re-launch services as a potential fifth member of the fast-expanding Tiger Airways Group.

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