By Chan Sue Ling/ Bloomberg
Singapore: Tiger Airways Pte, a discount carrier 49% owned by Singapore Airlines Ltd, plans to add destinations including India and Sri Lanka this year as competition intensifies among budget airlines.
The company may also add domestic flights in Australia and fly to Brunei and Malaysia this year, chief executive officer Tony Davis said on 18 April.
Davis, seeking to emulate the success of discount airlines such as Ryanair Holdings Plc, is expanding the company’s destinations to tap rising demand for air travel in Asia. Singapore-based Tiger also aims to win market share in Australia from domestic flights operated mainly by Qantas Airways Ltd and Virgin Blue Holdings Ltd.
The company hasn’t decided on a base in Australia as the authorities have yet to give their approval. It’s also waiting for the Indian government to approve six route licenses between Singapore and the south Asian country, he said.
Tiger Air in March won approval from Australia’s Foreign Investment Review Board to form an airline in the country, its first overseas-based unit. The carrier still needs an Air Operator’s Certificate before it can start services, it said on 15 March.
Tiger Air carried 77.5% more passengers for the year ended March and filled 9.5 percentage-point more seats than a year earlier, Davis said.
The company was established in December 2003 and began flying in September the following year. Its destinations include Bangkok, Ho Chi Minh City and Darwin.