Tag Archives: Tiger Airways (Singapore)

Tiger Airways will help to revive Mandala Airlines

Tiger Airways (Singapore) will partner with investment firm Saratoga Capital to revive defunct and grounded Mandala Airlines.

Read the full story from the Jakarta Globe: CLICK HERE

Copyright Photo: John Adlard. Please click on the photo for additional background details.

SEAIR and Tiger Airways blocked on adding domestic routes in the Philippines

SEAIR-South East Asian Airlinesย (Manila) and Tigers Airways (Singapore) have received a setback from the Civil Aeronautics Board (CAB) of the Philippines. The CABย has issued a cease and desist order stoppingย SEAIR and Tiger Airways from adding domestic Manila-Cebu and Manila-Davaoย flights due to start on May 27. The CAB claimed advertisements for the new flights used the Tiger Airways brand. The CAB has taken the position that domestic routes should be reserved for Philippine-owned carriers.

On December 16, 2010 SEAIR and Tiger Airways entered into an agreement. Under the agreement, Tiger Airways leased two Airbus A319s to SEAIR. SEAIR is operating the two aircraft from Clark in an all-white condition with SEAIR titles. The aircraft are flown by SEAIR’s crews. Seats on the flights are marketed by Tiger for SEAIR.

SEAIR started operating the Airbus A319s on the Clark-Singapore route on December 16, 2010 and is due to start Clark-Macau on May 27, 2011.

However other Philippine airlines including Air Philippines, Philippine Airlines, Cebu Pacific and Zest Airways have protested the arrangement.

Read the full story from ABS CBN: CLICK HERE

SEAIR’s domestic routes from Manila:

Thai Tiger is born in Thailand

Tiger Airways (Singapore) and Thai Airways International (Bangkok) have signed a new Shareholders Agreement creating Thai Tiger (Bangkok), a new low-cost airline in Thailand. As a result, Thai is expected to back-off on any further investments in Nok Air.

Copyright Photo: Jens Polster. Please click on the photo to read the full story.

Tiger Airways invests in SEAIR, SEAIR to launch Manila Clark-Hong Kong route

Tiger Airways (Singapore) has taken a 32.5 percent share of partner airline SEAIR (South East Asian Airlines) (Manila-Clark). The relationship will be expanded on March 14 when SEAIR adds the Clark-Hong Kong route using Tiger Airways’ Airbus A320s.

Copyright Photo: Michael B. Ing. Please click on the photo for the full details of this growing relationship.

Tiger Airways route map:

Tiger Airways’ fiscal third quarter profit soars

Tiger Airways Holdings Limited (Singapore) announced its results for the quarter ended 31 December 2010, the third quarter of the FY2010/11 financial year.

Profit before tax for the quarter ended 31 December 2010 was $30.2 million (all amounts are in Singapore $), an 85.3% increase over the $16.3 million profit recorded for the same quarter in the prior year. The Group recorded an 18% profit before tax margin for the quarter.

Revenue growth of 22.2% from $139.5 million to $170.4 million was ahead of both passenger and seat capacity growth of 13.4% and 13.0% respectively. Cost per Available Seat Kilometre (CASK) excluding fuel and foreign exchange difference reduced 3.2%. The Group load factor was 88.0% for the quarter.

Profit before tax for the 9 months ended 31 December 2010 was $46.8 million, an increase of 559% over the $7.1 million profit recorded in the 9 months to 31 December 2009.

From the Singapore base, new services were launched to Trichy and Trivandrum in India and to Manila during the quarter, while in Australia Tiger rolled-out the third domestic base at Avalon Airport. In December Tiger established the Airline Partner Program with South East Asian Airlines (SEAir) based out of Manila (Clark), which will provide significant operating cost savings going forward. Tiger is exploring opportunities to expand this partnership on routes beyond the current Manila (Clark) – Singapore route.

Copyright Photo: John Adlard. Please click on the photo for additional details about the Australian operation.

Route Map:

Tiger Airways returns to the black in its fiscal 1Q

Tiger Airways (Singapore) reported a $1.4 million (US) profit in its fiscal first quarter.

Read the full report:

CLICK HERE

Copyright Photo: Michael B. Ing. Airbus A320-232 9V-TAE (msn 2724) prepares to land at Singapore.

Thai Tiger Airways is born in Thailand

Thai Airways International (Bangkok) and a domestic partner will own 51 percent of Thai Tiger Airways Pte (Bangkok) which will commence low-fare operations in March 2011. Tiger Airways Holdings (Singapore) will own 49 percent of the new LCC. Thai Tiger Airways will fly domestic and international routes with Airbus A320s of up to five hours. The new joint venture is designed to go after rival Thai AirAsia. It is unclear what will happen to Nok Air in which Thai owns 39 percent.

Read the full Bloomberg story:

CLICK HERE

Copyright Photo: Michael B. Ing. Tiger Airways’ Airbus A320-232 9V-TAE (msn 2724) prepares to land at the SIN base.

Tiger Airways produces a fiscal year profit

Please click on the AG icon for a direct link to the Tiger Airways photo gallery.

Tiger Airways (Singapore) produced a S$28.2 million net profit for its fiscal year ending on March 31.

Read the full report:

http://www.abnnewswire.net/press/en/62867/Tiger_Airways_(SIN:J7X)

_Strong_Turnaround_in_FY10_Earnings.html

Tiger Airways is looking at adding another Asian subsidiary

Tiger Airways (Singapore) is looking at adding another Asian subsidiary.

News link:

www.ft.com/cms/s/0/3838ebea-24ef-11df-a189-00144feab49a.html

Tiger Airways to start Singapore-Hong Kong flights in February

Please click on AG icon for a direct link to the Tiger Airways photo gallery.

Tiger Airways (Singapore) is acquiring its first two owned (it previously leased) Airbus A320s this month and February. This will permit the company to launch the Singapore-Hong Kong route in February.

News link:

www.channelnewsasia.com/stories/singaporebusinessnews/view/1028643/1/.html