Tiger Airways Australia announced that due to recent flooding in Australia it will defer the delivery of new aircraft until "at least" Apr-2011 and warned that the floods will affect its fourth-quarter earnings (The Australian, 31-Jan-2011). Tiger’s Singapore-based parent, Tiger Airways Holdings, has reported a SGD22.6 million (USD17 million) 4Q2010 net profit, a 60% year-on-year increase. Despite the deferral of aircraft, Tiger Airways Australia plans to increase seat capacity by at least 20% between Apr-Oct-2011.
Tiger Australia defers aircraft, issues profit warning after floods
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Rank your result:
15/15 = Outstanding! – you should set up your very own aircraft leasing company.
13-14/15 = Excellent – your colleagues should say the word ‘wiki…’ in front of your first name around the office.
10-12/15 = Very good – someone should shout you several drinks at the next air finance gathering.
9 or below/15 = Time to brush up – you need to sign up for CAPA's Fleet Database immediately.
Visit http://capaevents.com/AFFS17 for the answers
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