Staff Reporter
,
Singapore
Cebu Pacific to take over.
According to OCBC Investment Research, Tiger Airways Holdings (TR) announced today that it has completed the sale of its entire 40% stake in Southeast Asian Airlines (SEAir), which has been operated as Tigerair Philippines (TRP), to Cebu Pacific.
Here's more:
Tigerair Philippines will continue to operate under the Tigerair brand for the time being. The long term partnership between TR and Cebu Pacific will enable Tigerair to tap on Cebu Pacific’s extensive network in the Philippines and North Asia, while Cebu Pacific will be able to extend their network to include Australia and India.
Join Singapore Business Review community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!