According to a report in The Age newspaper, up to seven daily domestic services to leisure destinations (possibly Sunshine Coast, Gold Coast and Perth) could be shifted to Avalon, which is currently used by Jetstar. An announcement of the move is reportedly likely next week. Tiger Airways’ shares rose 2.2% in Singapore trade yesterday.
Selected LCCs daily share price movements (% change): 05-Apr-2010
Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.