Singapore-based Tiger Airways Holdings, parent company of the Tigerair group of low-cost carriers, has placed an order for 37 Airbus A320neos—but canceled nine Airbus A320ceos currently on order. “Tiger has re-calibrated its strategy and taken the necessary steps to re-position Tigerair,” Tiger Air CEO Koay Peng Yen said. The new order, for Pratt & Whitney PW1100G-powered aircraft, could save Tiger up to 15% per year compared to the A320ceos. The deal, valued at $3.8 ...

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