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Tiger Airways Australia drags Tiger Airways Group into red


Tiger Airways Australia wiped out a small profit reported by Tiger Airways Singapore in the 12 months ended 31-Mar-2009, pushing the Tiger Airways Group into the red and significantly reducing the company’s cash reserves, which slumped 60% to under USD10 million (USD9.5 million). [1654 words]

Unlock the following content in this report:


  • Planning to launch IPO of up to USD500 million
  • Tiger takes delivery of new A320
  • Launches Winter 2010 schedule
  • Considering resuming Darwin services
  • BITRE reports 2.3% increase in domestic Australian traffic

Graphs and data:

  • Tiger Airways Group financial highlights for the 12 months ended 31-Mar-2009 traffic highlights for Nov-2009
  • LCCs planning IPOs
  • Full service/regional airlines planning IPOs
  • Tiger Airways aircraft orders: 2010 to 2016
  • Tiger Airways and Tiger Airways Australia route map: Dec-2009
  • Australia domestic passenger numbers: Sep-2009
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