The JetQuay CIP Terminal is an elite airport terminal at Singapore's Changi Airport which opened in September 2006. Passengers who use JetQuay receive a personalized service that includes check in, immigration and baggage clearance.
My experience in corporate life is that when a very large company swallows a smallish company, the smallish company seldom does well. This is because the revenues and profits of the smallish company pales in comparison to that of the large company. In other words, management is unlikely to focus on the smallish company unless there is something really special about it.
Budget airlines are like commodity businesses with razor thin margins and I really don't see anything special about Tiger Air. As for oil rates, I think most airlines are rather shielded.... if the price of oil goes up, they just increase the fuel surcharges and vice versa. Hedging is only a short term strategy that is unlikely to result in any long term financial gain, assuming they hedged in the right direction.
As the world economy struggles, I think airline stocks will also continue to struggle.