Tiger Aviation moves to profitability in FY07/08, despite losses in Australian operation

Tiger Aviation, the parent company of Tiger Airways and Tiger Airways Australia, published its "finalised financial highlights" for the 12 months ended 31-Mar-08 (FY07/08), reporting consolidated profit of SGD9.9 million (USD6.5) million, a notable improvement from the SGD14.8 million loss (USD9.7 million) reported in FY06/07. [1421 words]

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This report contains the following subheadings:

• Passenger number and revenue growth in 2QFY07/08
• Forward bookings remain strong, despite growing economic uncertainty
• Ramps up presence on Singapore-KL route
• And India, China and Indonesia
• To double capacity Australian domestic capacity in the next 12 months

This report contains the following charts and tables:

• Tiger Aviation financial highlights for 12 months ended 31-Mar-08: 28-Nov-08
• Tiger Aviation (Group) financial/traffic highlights for 12 months ended 31-Mar-08: 07-Aug-08
• Tiger Airways Singapore financial highlights for FY07/08: Aug-08
• Tiger Aviation financial/traffic highlights for three months ended 30-Jun-08
• Tiger Aviation fleet additions plan: 2008 to 2016
• Tiger Airways route map: Nov-08