Wednesday, October 12, 2011

Tiger Air

Tiger Air: Sept operating data.
The airline carried 395k passengers, +15% mom, after resuming flights in Australia. Yoy, passengers carried were down 15%, and is still 37% below the peak of 623k posted in Apr ’11, as Tiger Australia operates at reduced capacity and on a limited schedule (22 sectors per day currently, vs ~60 just prior to suspension).
Load factor came in at 78%, +2 ppt mom, -9ppt yoy.
Tiger has been redeploying its aircraft, and has increased frequency on a number of existing routes out of Spore, as well as introduced new routes to the Philippines (Cebu) and India (Bangalore, Davao).

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