Tiger aims for profitability by 2008

SYDNEY (Centre for Asia Pacific Aviation) - Tiger Airways’ CEO, Tony Davis, confirmed that the airline would take up to three years to break even. The airline had initially targeted a profit within the first year of operations. Meanwhile, AirAsia is due to report its full year financial results on 26-Aug-05.

Global LCC news and analysis, including financial, strategic and operational developments, weekly in your inbox from Peanuts!