Tiger is ready to move into the next phase of its business, whether Mandala is with I cant answer that. The next phase is clearly operating a sustainable, profitable business of airlines. Tiger Phil has been offloaded with the loss written off. Aircraft will be returned to parent which explains any cancellations. If Mandala was to be closed, that is a potential 14 aircraft from both airlines to be returned to the parent. Australia might take a few, expect a few to Taiwan for the new Tiger Taiwan.
Tiger Singapore is a proven very profitable business, but they along with Jetstar have swamped the market with seats and have both now pulled back to focus on yields. Tiger Australia is the one to watch. Expect a pretty speedy turnaround with this one from what it once was.