Tiger Airways Holdings Limited announced (01-Nov-2010) that of the proceeds raised from the company’s IPO, SGD39.6 million (USD30.7 million) has been utilised to fund the acquisition of aircraft and associated aircraft pre-delivery payments. The utilisation is in accordance with the intended use of proceeds of the IPO and in accordance with the percentage allocated. Following the utilisations announced to-date, the company would have materially disbursed an aggregate of approximately SGD167.8 million (USD129.9 million) of the net proceeds of the IPO. [more]
Tiger Airways utilises SGD39.6m of IPO proceeds on aircraft acquisitions
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The CAPA airline fleet quiz: 15 challenging questions. CAPA Summit Singapore 2/3 March
Test your knowledge of the global aircraft fleet with this CAPA Quiz. If you have access to the comprehensive CAPA Fleet Database, it should be a breeeeze.
Rank your result:
15/15 = Outstanding! – you should set up your very own aircraft leasing company.
13-14/15 = Excellent – your colleagues should say the word ‘wiki…’ in front of your first name around the office.
10-12/15 = Very good – someone should shout you several drinks at the next air finance gathering.
9 or below/15 = Time to brush up – you need to sign up for CAPA's Fleet Database immediately.
Visit http://capaevents.com/AFFS17 for the answers
Southeast Asia Fleet Outlook:
Southeast Asia, along with the Middle East, are the only two regions with as nearly as many aircraft on order as in the active fleet. Southeast Asian airlines currently have nearly 1700 aircraft on order compared to an active fleet of approximately 1800 aircraft.