Sunstar320 - before you get too excited don't forget this was at STARTUP.
Given the fact that the period covers the commencement of the operation and simultaneously the period when oil prices went crazy and the economy was in freefall that was probably an excellent result.
Tiger are now operating not only the marginal ROK and MKY type sectors but also trunk routes and are becoming well established in a far more stable environment. I would suggest that contrary to your delight that the airline is "up **** creek", they are in pretty good shape, particularly when you consider they are backed by SQ and the Ryanair investors.
Funny how I recall the naysayers making similar 'doom' comments about Virgin and Jetstar.