Home THE DAILY EDGE Business Tiger Airways reports 34% increase in passengers in 12 months to November
Tiger Airways reports 34% increase in passengers in 12 months to November

Tags: Tiger Airways | Tiger Airways Holdings

Written by The Edge   
Thursday, 09 December 2010 17:12
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Tiger Airways says it reported robust passenger volumes and load factors in November 2010, and further expansion of its fleet through lease extensions.

From December 2009 to November 2010, a total of 5.7 million passengers chose to fly with Tiger Airways, an increase of 34% over the 4.2 million passengers in the preceding 12 months. Average load factor for the 12-month period to November 2010 remained at 86%, an increase of 3 percentage points year-on-year.

For the month of November, Tiger Airways carried 464,000 passengers, a 10% increase as compared to the same month last year. The average load factor across both airlines in Asia and Australia for the month was at 86%.

Tiger Airways also announced that it will extend the leases on two Airbus A320 aircraft for a further 18 months from January 2011. This will boost Tiger’s fleet at 31 March 2011, the end of the current financial year, from 26 to 28 aircraft. This includes two aircraft sub-leased to SEAIR as part of the recently announced Partner Airline Programme.

Tony Davis, President and Group CEO of Tiger Airways Holdings, says, “We are pleased to report continued solid growth for the Group. During the month, Tiger Airways Singapore launched new services to Manila in the Philippines and to Trichy and Trivandrum in India. Tiger Airways Australia launched its new base in Avalon Airport with services to seven destinations. We are also pleased to expand our fleet further, to take advantage of numerous near-term expansion opportunities. 2011 will be another exciting year for Tiger Airways, as we grow our existing operations in Singapore and Australia, develop our Partner Airline Programme, establish Thai Tiger Airways, and implement other new initiatives.”

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Last Updated on Thursday, 09 December 2010 17:13