Singapore budget airline Tiger Airways (TAHL.SI) said on Wednesday it has appointed Stewart Adams as managing director for its Singapore operation.

Adams, a 34-year industry veteran, was previously the Managing Director of Deutsche Lufthansa’s (LHAG.DE) unit bmi (BMID.UL). He replaces Rosalynn Tay who is leaving the airline.

 

Tiger Airways, a unit of the world’s second largest carrier by market capitalisation Singapore Airlines (SIAL.SI), recorded a net profit of $14.1 million in the quarter ended September, compared to a $2.3 million loss a year earlier.

 

The carrier also has an operation in Australia and is in the process of setting up a joint operation with Thai Airways International (THAI.BK). 

 

It operates 21 Airbus A320 series aircraft and plans to increase its fleet size to 68 aircraft by December 2015.