Tiger Airways to increase capacity with six additional aircrafts
Additional capacity to allow for frequency increases on existing routes and the start of services to new destinations.
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.
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, according to a Tiger Airways report.
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.