Towards Financial Freedom
Tiger Airways - Expansion Work-in-Progress (Not Rated)
Why are we highlighting this stock? We see a recovery trend emerging from Tiger Airways (Tiger), one of the first budget airlines based out of Singapore. Australian operations, although still loss-making, look to be on a slow-but-steady recovery from their Jul-Aug 2011 grounding of Australian flights. Tiger's addition of SEAir and PT Mandala Airlines also showcases their appetite for expansion despite challenging conditions plaguing the aviation industry.
Source: Maybank Kim Eng
Source: Maybank Kim Eng
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