The APAC region will go through a period of severe overcapacity. We all know this. Some airlines can lease aircraft to get around any problems, others will be caught in the market share war, such as JetStar, but Tony Fernandes has been scouting around the APAC region looking to expand out of possible future trouble by being a one-man army of consolidation. We hear from various sources that he has been meeting with Tigerair to try and do a deal. Tigerair is in trouble. You could argue that I jumped the gun a bit by saying they were going to

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