World Airline News

World Airline News

World Airline News

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Tiger Airways posts its first quarterly loss since going public

August 8, 2011 — ,

Tiger Airways (Tigerairways.com) (Singapore) Airbus A319-132 9V-TRB (msn 3801) BKK (Jens Polster), originally uploaded by Airliners Gallery.

Tiger Airways (Singapore) reported its first quarterly loss since the airline went public in January 2010.

For the fiscal first quarter ending on June 30, the group which operates two carriers (Tiger Airways Singapore and Tiger Airways Australia) posted a net loss of $17 million.

Read the full report from The China Post: CLICK HERE

In other news, Tiger Airways (Australia) remains grounded until at least August 11.

Copyright Photo: Jens Polster. Please click on the photo for additional information.

Visit our new website: CLICK HERE

Tiger Airways Route Map:

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