In news from Singapore based Tiger Airways, the airline has proposed the purchase of 33 % of PT Mandala Airlines of Indonesia. The latter is currently undergoing financial restructuring according to Indonesian law. The restructured airline also announced plans to adopt the highly successful Tiger business model for future operations.
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Tiger Airways Grounding Stunts Australia Air Traffic
In airline news, Australia’s Civil Aviation Safety Authorities (CASA) grounded Tiger Airways Australia because of what the authority called an “imminent risk” to air safety. Understandably, the industry there is in a degree of chaos now as the popular budget carrier serves tens of thousands of customers.