TROUBLES worsened for the grounded Tiger Airways Australia yesterday when Australia's aviation safety regulator uncovered more deficiencies just as its woeful financial performance dragged down the group's latest international results.
The new safety woes could see Tiger's grounding extended as far as the end of the month.
Unaudited accounts for the first financial quarter this year show Tiger Airways Australia lost $18 million ($S23.2 million), dragging the airline group's pre-tax loss to $9.5 million, and after tax to a $16 million loss, the company said in Singapore last night. Full story
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Tiger records pre-grounding loss; outlook darkens as new JVs face delays - Centre for Asia Pacific Aviation
