Tiger Airways, with its primary hub at Singapore Changi Airport is one of the low-priced airlines in this part of the world. Since its birth in 2003, the Tiger Airways has shown a consistent rise in its growth in terms of revenues as well as number of passengers.
Tiger Airways commenced its operations and within a short span of time of started operating in different parts of the world. Further with the increase in air route network, the Tiger Airways experienced a substantial growth in the number of passengers. In 2006 it expanded and started operating to Chinese cities and soon became popular among the passengers due to its cheap rates. Today, the list of shareholders for this airline comprises of: Singapore Airlines, Irelandia Investments, Temasek Holdings and Indigo Partners LLC. Presently, Tiger Airways is known for using a single kind of aircraft for its operations. However, among the low cost carriers, Airbus A320-200 aircraft used by Tiger Airways is the one of the best for it uses the International Aero Engines (IAE) V2500 engines.
The plans are also underway at Tiger Airways for carrying out a tie-up with the South East Asian Airlines in 2007. By doing so the Tiger Airways would be able to expand on its destination list and cater to emerging markets of Philippines, Malaysia and India.
Tiger Airways is at a decent position today and is seeing a lot of positive developments. As a low cost airline, it has become one of the popular choices among the air passengers in the region. As a leading destination for the Middle East region, Cochin is very much on the radar of Tiger Airways expansion plans. Chennai is the other major destination chosen by it in India. It is expected that the airline would operate 4 flights to Chennai and 3 flights to Cochin every week commencing October, 2007. Tiger Airways is planning big and plans are afoot to increase further destinations and aircrafts by 2010.
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