Tiger Airways (TR) has finalized a sale and purchase agreement to acquire 40% in Southeast Asian Airlines (SEAir) for $7 million.
Tiger Airways A320. By Rob Finlayson Tiger Airways (TR) has finalized a sale and purchase agreement to acquire 40% in Southeast Asian Airlines (SEAir) for $7 million. The investment will be held through TR’s wholly owned subsidiary Roar Aviation and will see SEAir adopt the TR business model. “The investment in SEAir is in line with our strategy to develop the business into a pan-Asian one, one that will enable us to leverage on the strength of our Singapore base and ...
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