Tiger Airways raises $178 million from popular IPO

The Singapore-based budget airline drums up strong support for its upcoming listing, despite a short operating history and an aggressive expansion plan.

Tiger Airways raises $178 million from popular IPO

The Year of the Tiger may not officially start until February 14, but for people involved in Singapore's first listing this year, this may well feel like the Month of the Tiger -- worthy of at least a small roar.

The reason for that would be the strong support for budget airline Tiger Airways Holdings' initial public offering, which took quite a few market watchers by surprise, coming as it did at a time when the economic environment has pushed...

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