Tiger Airways CEO Tony Davis told reporters this week that the LCC will be looking to grow through a merger or acquisition and that it has set aside approximately $17 million for that purpose, Reuters reported. He added that "an IPO will occur when all the circumstances are aligned, and when we have a need for funds to be injected, but not right now." Davis said he was in talks with six Asian parties regarding potential partnerships or acquisitions, according to the news service.

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