20-Jul-2010 1:01 PM

Tiger Airways reaffirms committment to LCC model; releases 2010 Annual Report

Tiger Airways, in its 2010 Annual Report (12 months ended Mar-2010), reaffirmed its committment to the LCC model, with Chairman, Gerard Ee, stating: "I can assure you that our commitment to the low-cost model will not be compromised. Every aspect of our business will continue to be scrutinised by the management team, to remove all non-essential costs without compromising the safety, security or punctuality of our operations. We believe that this model has worked very successfully thus far, and will lead to a good return to you, our shareholders". [more - Full Report]