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Tiger Airways explores more destinatiions in India; receives second owned aircraft


Tags :Route Changes & Development, Tiger Airways


Tiger Airways explores more destinatiions in India; receives second owned aircraft
Owning aircraft lowers cost versus leasing; more similar arrangements to be explored. Fleet expanded to 19; to increase to 33 by end 2011. Exploring three more south India destinations Trivandrum, Trichy and Kochi

Tiger Airways today announced that it has received its second aircraft that it owns. The Airbus A320 is the second of two aircraft purchased through a landmark financing arrangement with Standard Chartered bank, with European Export Credit Agency backing.

Owning aircraft, instead of leasing them, allows Tiger Airways to further reduce its operating costs and pass the savings to customers in the form of the lowest possible air fares.

With the expanded fleet of 19, the airline is now ready to serve more travelers and expand its paw prints beyond the current 33 destinations. It is exploring the feasibility of flying to more destinations in the south of India, such as Trivandrum and Kochi in Kerala state, and Trichy in Tamil Nadu.

Tony Davis, President and CEO of Tiger Airways Holdings, said, “Besides destinations in Greater China such as Shantou, Taiwan, Xiamen and Hangzhou, we are also exploring the potential of serving more travelers between India and Singapore. As the world’s second most populous country, India is a natural consideration for us to expand our low-fare offering. We have had numerous requests from passengers to fly to more Indian destinations; with this encouragement, we plan to commence discussions with the airports and authorities.”

Tiger Airways currently serves two destinations in south India from Singapore, operating 11 weekly flights to Chennai and 5 to Bangalore.

(c) Centre for Asia Pacific Aviation. Date posted: 24-Feb-10

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