The demise of Australian was also reported on The Today program on Ch 9 this morning.
See also that Jet* Asia are having some additional problems with funds.
From:
http://www.etravelblackboard.com/ind...nav=2&id=49866
Tiger Air willing to take rival airlines routes
Monday, 10 April 2006
Tiger Air, Singapore’s largest budget airline has expressed interest to take over routes from rival company Orangestar Investment Holdings. This possibility is as a result of the $60 million exhausted funds from shareholders by Orangestar who run Jetstar Asia and Valuair.
This comes after the publishing of Orangestar figures in the Straits Times newspaper earlier this week. However, it is unknown which routes Tiger Air are taking over from the Orangestar group, which is part of Qantas Airways Limited (QAN.AU)