Tiger Airways has narrowed down its losses now that it is operating at almost full capacity, but says that sustainable profits are still a few years away. The airline’s first quarter loss stood at $17.6 million, with the second quarter loss figuring at $16 million. Tiger foresees a slow but steady climb towards being in the green again, but isn’t overly worried as it has been increasing its crew and staff size over the last few months.
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Tiger trims losses, but profits still far away