Tiger has just announced they lost an average of A$190,000 per day over the last 3 months in Australia up to 30 June 2011. CASA will not be happy with this revelation.
Quick calculations says they need to raise average fares, and thats based on previous operating expenses, by $50 per sector average.
If I assume an increase in $4m PA in operating expenses, a $50 increase would give them a $3m profit PA.
SUMMARY - You cannot operate in Australia with average $79 fares. And thats about all Tiger ever got