Tigerair Singapore pax numbers up 20% in Sep-2013, load factor down
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Tigerair Singapore 2017 outlook: fleet expansion resumes as brand disappears, transit traffic grows
Singapore based LCC Tigerair faces a year of transition in 2017 as it combines with the medium/long haul LCC Scoot. Tigerair and Scoot aim to end 2017 with a single operator's certificate and a single brand as the Tigerair name disappears from the Singapore marketplace, after an at times tumultuous 13 year run.
The Tigerair brand will remain in Australia and Taiwan, at least for the time being. However, the Tigerair Group – which was absorbed by the Singapore Airlines (SIA) Group in early 2016 – no longer owns stakes in any overseas affiliates and is now focused entirely on growing in its home market of Singapore.
The Tigerair Singapore operation has not grown in three years, actually reducing the size of its fleet in response to overcapacity and in a bid to improve profitability. Tigerair Singapore is now profitable again, and expansion of its A320 fleet will resume in late 2017, ending a three year hiatus.
Ryanair's 117million pax in 2016 tops European airline groups. The first time an LCC topped rankings
For the first time ever in Europe, in 2016 a low cost airline carried more passengers than any other airline or airline group, as Ryanair's 117 million passengers pushed Lufthansa Group's 110 million into second place. Ryanair had beaten Lufthansa itself, but not the whole Lufthansa Group. IAG's first full year of including Aer Lingus helped it to take third place from Air France-KLM. Europe's number two LCC, easyJet, was ranked fifth.
The big five can be expanded into a big seven to include Turkish Airlines and the Aeroflot Group, although these two had contrasting growth rates in 2016. A chasing pack of middle sized airline groups includes three LCCs (Norwegian, Pegasus and Wizz Air) and three legacy airlines with varying challenges to establishing sustainable profitability (SAS, Air Berlin Group and Alitalia).
Most of the faster growing airline groups in the top 20 are LCCs and the main growth drivers for Europe's big three legacy groups are their LCC subsidiaries. Just outside the top 20 are some fast growing legacy airlines in Eastern Europe, demonstrating the potential there. Nevertheless, unless there is a big merger or acquisition, Ryanair looks set to remain at number one for some time.