Tiger Aviation to focus on big picture
SINGAPORE – A new holding company has been set up to manage the businesses of Tiger Airways in Singapore and Tiger Airways Australia, the soon-to-be-launched low-cost domestic airline Down Under.
Tiger Aviation will own 100% of both airlines and will allow the company to focus on the big picture while leaving the airlines to focus on operational issues, says group chief executive Tony Davis (pictured).
This also means giving it the leeway to expand into new markets in Asia, he said.
Davis also announced several new routes. Tiger will start flying to India next month – Chennai is set for Oct 28 and Kochi for Oct 30. Services to Xiamen, Tiger’s fifth point in China, also begin on Oct 28. Brunei will commence early next year while more flights will be added to Darwin, Australia.
The airline carried 50% more people and increased its capacity by 35% between April and June this year.
New aircraft will arrive over the next seven months – by 2016, Tiger will operate a fleet of 70 Airbus single-aisle planes.
Low cost carriers in the Asia Pacific are expected to double market share to 25% by 2012, according to the Centre for Asia Pacific Aviation (CAPA).
Corinne Wan
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