Singapore's Tiger Airways could pull out of Indonesia â€“ sources
SINGAPORE "“ Singapore's Tiger Airways Holdings Ltd. may be forced out of Indonesia, Southeast Asia's biggest domestic airline market, as its unprofitable joint venture is squeezed out of routes dominated by big-spending local carriers.
Tiger might sell or close Tigerair Mandala in the absence of any signs of the airline turning around this year, such as a significant reduction of losses, people familiar with the matter told Reuters.
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Posted: 3 Apr 2014 22:28:16