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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 emerging hotel booking site GreenHotelWorld.com has now engaged more 5,200 green certified properties globally.
The recent relaunch and expansion plans at the famed Indonesian's sustainable resort Nihiwatu shows that luxury can fit into this niche segment.
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