Tiger Airways: Trouble woes continue after Aviation regulators grounded Tiger Australia on Sat, citing a 'serious and imminent risk to air safety.’ Ban is tipped to last till 9 July. Tiger Aus operates about 60 domestic flights a day, moving up to 9,000 passengers, which could see about 480 flights disrupted, and 72,000 passengers affected. Budget rivals Jetstar and Virgin both promised to lay on extra flights to help stranded passengers and will offer special fares to those hit…..
Suspension in Aus would cost the airline costs of about $2m/wk. Move came after CASA served Tiger with a 'show cause' notice in Apr reportedly related to maintenance and pilot training and monitoring. Meanwhile Credit Suisse slashes TP to $0.90 from $1.65.
No comments:
Post a Comment