Tiger Airways pax numbers down 13% in Nov-2011, load factor down 8 ppts

Tiger Airways reports (09-Dec-2011) the following traffic highlights in Nov-2011:

• Passenger numbers: 402,000, -13% year-on-year;
• Passenger load factor: 78%, -8.0 ppts. [more - original PR]

Tiger Airways: "Tiger Airways Singapore significantly increased capacity year-on-year, including the introduction of new services to the Philippines (Cebu and Davao) and India (Bangalore), and is still in the process of building up demand on these routes. Tiger Airways Australia operated at reduced capacity and on a limited schedule relative to Nov-2010, resulting in a decline in passenger numbers." Source: Company statement, 09-Dec-2011.