, Singapore

Turbulence up ahead for Tiger Airways?

Tiger Airways' seat capacity fell by 20% and improvements are still far off in the horizon.

While Tiger Airways recorded a passenger load factor higher than 80%, this figure can only be attributed to a reduction of seat capacity. A rise in Tiger Airways' operating statistics could only happen once it ramps up its capacity to 64 sectors/day.

Here's more from the Market Pulse by OCBC RInvestment Research:   

Tiger Airways (TGR) reported that it recorded a passenger load factor (PLF) of 84%in Mar 2012. This is the second month in a row that TGR has reported a PLF higher than 80%. However, similar to a month ago, the seemingly decent PLF can be attributed to a big reduction of seat capacity. TGR’s seat capacity in Mar 2012 dipped 20% YoY to 542k while the number of passengers it served fell slightly more at 21% YoY to 455k. A real improvement in TGR’s operating statistics should only happen later this year when Tiger Airways Australia ramps up its capacity to 64 sectors/day. Meanwhile, we maintain our SELL rating and fair value estimate of S$0.60/share on TGR.

Follow the link for more news on

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!