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Travel & Holiday

Tiger rebounds with 56% more passengers in Nov

Budget airline Tiger Airways carried more passengers in November compared to a year ago as it ramped up capacity across the group.
December 14, 2012
By: Nisha Ramchandani
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Tiger rebounds with 56% more passengers in Nov

SINGAPORE - Budget airline Tiger Airways carried more passengers in November compared to a year ago as it ramped up capacity across the group.

The Singapore Airlines- backed low-cost carrier posted a 56 per cent rise year-on-year in passenger bookings to 628,000 for the month of November, while capacity rose 32 per cent to 1.15 billion available seat-kilometres (ASK).

Group-wide, traffic increased 47 per cent to 977 million revenue passenger-kilometres (RPK) while passenger load factor improved eight percentage points to 85 per cent.

Tiger Singapore registered a 33 per cent increase in traffic to 721 million RPK for the month of November.

This comes on the back of a 17 per cent increase in capacity to 852 million ASK.

Passenger load factor was up 10 percentage points to 85 per cent while the number of passengers carried grew 30 per cent year-on-year to 389,000 passengers.

Tiger Australia, which has been reinstating services following the six- week grounding a year earlier, recorded a 110 per cent increase in traffic to 256 million RPK while capacity increased 113 per cent to 296 million ASK for the month.

Last year, the budget carrier saw its wings clipped Down Under by Australia's Civil Aviation Safety Authority, which cited safety concerns.

When it was given the green light to take to the skies again, Tiger Australia was forced to do so with significantly scaled-back capacity.

Tiger Australia carried 239,000 passengers in November, up 132 per cent year-on-year though passenger load factor slipped two percentage points to 86 per cent.

It was recently announced that Virgin Australia (VA) is buying 60 per cent of Tiger Australia, which could mean more growth opportunities for Tiger in Australia.

For the 12 months ended Nov 30, Tiger as a group carried about 6.07 million passengers, up 5 per cent, while load factor was unchanged at 83 per cent.

Traffic came in at 9.75 billion RPK, up 14 per cent, while capacity was also up 14 per cent at 11.82 billion ASK.

Tiger shares closed unchanged at 70 cents last Monday.

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