HIALS: well written, and a cogent summary.
The reason for the growth in ASKs is the idiotic insistence of QF management that having 65% of the ASKs= 65% of the market. (As opposed to RPK share, the true measure of the catch, but still not indicative of profitability)
I always thought that the original Tiger Air was SQ's bitch slap to Dixon for starting JQ Asia. Certainly their will be some glee in Asia over the Scoot, Air Asia X, Peach, Tiger, etc successes compared to the flat-footed response from the self-proclaimed nimble first mover Joyce.
My wife, the sure-fire prognosticator, gives AJ a week. She is Irish, and about to petition the Irish Govt to rescind his citizenship. Even the remnants of the IRA think him an embarassment. Better get rid of him while we still can.