Tiger Airways' Davis Interview, May 20

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May 20 (Bloomberg) -- Tony Davis, chief executive officer of Tiger Airways Holdings Ltd., the Singapore-based budget carrier, talks about the company's business strategy. Tiger, part-owned by Singapore Airlines Ltd., said yesterday it agreed to buy a 33 percent stake in PT Mandala Airlines to expand in Indonesia as it challenges AirAsia Bhd for Southeast Asian budget travelers. Separately, the company reported a 94 percent drop in fourth-quarter profit after tax provisions. Davis speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)


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