Wednesday, April 11, 2012

Tiger

Tiger: Operating stats are out. For the mth of Mar 2012, Tiger Airways carried 455k passengers, -19% yoy. Average load factor across Asia and Australia for the month was 84%, down -1% point compared to March 2011. From Apr 2011 to Mar 2012, a total of 5.5m passengers were carried -8% compared to the no of passengers in the preceding 12 mths. Average load factor for the 12-mth period to Mar 2012 was 82%, down 4% pts compared to the prev 12 mths.
Tiger Airways Australia is preparing for the ramp up to 64 (from 38 daily sectors) by 2H2012

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