Tiger's problems over the years are a direct result of one incompetent CEO, who appointed all his ex colleagues from sinking ship BMI. They came, they didn't know the market nor anything about safety, and they sure didn't like spending money. And my god it blew up in their faces.
Today's Tiger is a different story. Run by somebody who knows the market and wants to take the company far. And he is most certainly delivering, will be very interesting how he steers the company over the next 5 years.
Ben Sandilands sums it up quite well..
Tiger Airways' David vows to take down the Goliaths | Plane Talking
If you build it, they will come.