Tigerair Singapore pax up 19%, load factor down in Aug-2013
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SIA Group continues China expansion with new Dalian and Fuzhou services from Scoot and SilkAir
The Singapore Airlines (SIA) Group is continuing to pursue rapid expansion in China with the launch of services to Dalian by Scoot and to Fuzhou by SilkAir. The addition of Dalian and Fuzhou will extend the group’s Chinese network to 25 destinations in Nov-2016.
Scoot launched Shenyang as a one-stop service via Qingdao in 2013; it is now upgrading the route to nonstop. Shenyang will give Singapore Changi 25 nonstop destinations in China – more than any other airport in Southeast Asia. Fuzhou is already served from Singapore, while Dalian will initially be served as a one-stop product via Qingdao.
Maintaining a leading network in China is an important component of the current SIA Group strategy. It is also essential, since SIA is unable to codeshare on domestic services within China due to regulatory restrictions.
Tigerair Singapore prepares to resume expansion in late 2017 and 2018; feeding Scoot will be crucial
Singapore Airlines (SIA) short haul LCC subsidiary Tigerair is planning to resume expansion in 2H2017, ending a three-year hiatus from growth. The resumption of fleet and capacity expansion is made possible by the completion of a turnaround effort.
Tigerair Singapore is now back in the black after more than two years of losses driven by overcapacity. Market conditions in Singapore have improved, and a virtual merger with Scoot is starting to open up new opportunities for expansion since Scoot needs Tigerair to feed its fast-growing medium/long haul operation.
Tigerair currently operates 23 A320 family aircraft, having reduced its fleet from a high of 27 aircraft in 2014. The LCC is now planning to add six A320s in 2017 and 2018, resulting in a new all-time high of 29 aircraft. Tigerair, which became 100% SIA owned in early 2016, also has 39 A320neos on order that will be used for a combination of fleet renewal and growth over the next decade.