Tiger Airways suffered the biggest slump in its share price today since it was floated seven months ago after a weak Australian dollar dented its first quarter earnings.The Singapore-based budget airline, which is proving a major irritant to Jetstar and Virgin Blue, reported a net profit of $S1.9 million ($1.5 million) profit in the three months to June 30, an improvement on a $S6 million loss in the previous corresponding quarter. Full Story
Related:
Tiger says Aust ops performing better - The Sydney Morning Herald
Tiger Airways mauled by first-quarter foreign exchange losses - The Australian
