Tiger share weakness continues; Virgin airlines increase cooperation; AirAsiaX sets new sales record

Shares in Tiger Airways slumped 5.3% yesterday, falling below SGD2.00 for the first time in Aug-2010. Morgan Stanley stated: “We think Tiger shares might find it difficult to replicate its relative outperformance for the rest of the year”, relating to the carrier’s 38% gain since early Mar-2010.

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