Aussie Tiger in red but parent delighted

The Australian, 29 Nov 2008, Steve Creedy

TIGER Airways Australia lost $12.2 million in its first five months of operation.

But the airline's parent said yesterday this was below its initial forecast and it was "delighted" with the start-up's performance.

The loss was in addition to $7.9million in "pre-operating" start-up costs in Australia.

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