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Tiger planes grounded, pose 'serious risk'

The losses have caused some analysts to question whether it is worthwhile operating in Australia, especially because the business, in some cases owned by Singapore Airlines, has been going prospering in the fast-growing market of Asia.

Aviation industry sources as well said they expected Tiger might walk away from its Australian business, with its brand so badly damaged.

US tech giant rolls out its TouchPad, seeking to dethrone the dominant Apple iPad and revive its slumping fortunes.

More information: News.com