Tiger Airways 1Q2011 operating profit sees the LCC well under way to becoming a regional force
With solid results for the first quarter – to 30-Jun-2010 – of the new financial year to 31-Mar-2011, Tiger Airways appears to be positioning itself well in a competitive marketplace. Although there is no detailed breakout of the Tiger Australia operation, this appears to be starting to pull its own weight. But the strength in the airline is clearly still in the Singapore based airline. As one of the lower cost operators in the region, Tiger’s expansion regionally will be a key to long term success. With the proposed new Thai operation, Tiger is establishing itself as a likely major force in the region, with the potential eventually to become one of three large non-flag carrier operations, along with AirAsia and Jetstar.