THE SINGAPORE Airlines-backed Tiger Airways has revealed that its Australian subsidiary has racked up $A79.3 million of losses in its first two years, outstripping the losses of its Singaporean parent in its first six years of operation.The low-cost airline's release of the preliminary prospectus for its planned listing on the Singapore Exchange shows it has hemmed in the huge losses it suffered last financial year, thanks largely to the fall in fuel costs.
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