SINGAPORE: Singapore Airlines Ltd (SIA) is injecting cash into money-losing Tiger Airways Ltd , signalling its resolve to persevere in the low-cost segment even after the budget affiliate bowed out of three regional markets.
The flag carrier plans to have Tiger cooperate more closely with its similarly loss-making medium- and long-haul budget airline Scoot, people familiar with the company's strategy said. The aim is for a resource-sharing relationship akin to that SIA has with premium regional subsidiary SilkAir, they said.
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