Tiger Air

Tiger Air: Decent growth in Jun operating figures. Tiger Singapore saw an 18.4% yoy jump in passengers carried to 432k. Load factor rose 0.3 ppt to 86.5%. Tiger Australia recorded a 76.8% spike in pax carried to 244k, and 6.5ppt rise in load factor to 88.2%, recovering smartly from the flight suspension last year which resulted in reduced capacity.