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Posted: 21 Jun 2014 | 6:00 am
Tiger Airways Indonesian venture with Mandala will stop flying effective July 1st.
Mounting financial losses have been cited as the reason behind the move.
Tiger, which has Singapore Airlines as shareholder is under stress throughout its network due to red ink.
According to Bloomberg, low-cost airlines now control 25% of Asia's skies, which is up from 2% a decade ago.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
One top resource for hospitality players who want to know more about sustainability is Green Hotelier (www.greenhotelier.org).
Today's soaring demand for electricity counts lights as a major consumer.
Library of published hospitality, tourism and property market intelligence.
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