Thursday, September 15, 2011

Tiger Airways As Low Cost Carrier

Tiger Airways: Singapore’s leading low cost carrier increasing capacity with six additional aircraft.

Tiger Airways retains position as the leading low-cost carrier (LCC) in
Singapore
 Six additional aircraft to meet growing demand for low-cost travel
 Additional capacity to allow for frequency increases on existing routes and
the commencement of services to new destinations
 Consumers to benefit from Tiger’s great value celebratory fares
Singapore, 26 July 2011. Tiger Airways, the number one LCC in Singapore,
has announced that it will increase its fleet to 20 Airbus A320 aircraft by
March 2012, an increase of 6 aircraft compared to March 2011. This increase
will support Tiger’s drive to capture the growing appetite for low-fare travel in
the Asia Pacific region.

This announcement follows news that Tiger Airways once again received
recognition for its growth by ranking first amongst the LCCs and third overall
in Changi Airport’s first ever airline ranking 1.

The Tiger Airways Group reported 6.2 million passengers for the 12 months to
June 2011, an 18 per cent growth from the preceding 12 months. Load factor
increased from 85% to 86% during the same period of comparison, as Tiger’s
flights became even more popular.

Stewart Adams, Managing Director of Tiger Airways Singapore, said, “The
regional air travel sector is currently booming and our own operations have
been very encouraging. Singapore Changi Airport registered an 11 per cent
growth in passenger movements from January to June 2011. This was led by
a 25 per cent increase in passenger movements for budget carriers during the
same period, demonstrating the robustness of the low cost carrier model”.
“To capture the growing demand for low-cost travel, we have expanded our
fleet by six aircraft. With a larger fleet, we will increase frequencies to our
most popular destinations such as Bangkok and Taipei, re-introduce services
to Bangalore following an 11-month absence and introduce exciting new
destinations such as Cebu to our network. These additions will allow
passengers to explore more places than ever before at great value fares,”
added Mr. Adams.




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