Tiger Airways passenger numbers down 19% in Feb-2012, load factor down

Tiger Airways reports (12-Mar-2012) the following traffic highlights in Feb-2012:

• Passenger numbers: 384,000, -19% year-on-year;
• Passenger load factor: 81%, -2.0 ppts. [more - original PR]

Tiger Airways Singapore increased capacity by 13% in Feb-2012 compared to Feb-2011. Tiger Airways Australia operated at reduced capacity and on a limited schedule in Feb-2012 relative to Feb-2011, resulting in a decline in passenger numbers.

Tiger Airways: "The monthly year-on-year growth comparison in February was skewed by the fact that the Chinese New Year holiday fell in January this year compared to February in 2011." Source: Company statement, 12-Mar-2012.