Tony Davis, chief executive of Singapore-based Tiger Airways which is 49 percent owned by Singapore Airlines, told the conference that a slump in fuel prices has allowed the company to continue to offer cheap flights.
Crude costs have fallen by about 75 percent since hitting a record high above 147 dollars last July.
"We're bucking the trend," Davis said, referring to the falling passenger numbers reported by full service airlines.
Outside its Asian hub in Singapore, Tiger currently has a base in Melbourne from where it services the Australian domestic market and is planning to open others in Adelaide and
Darwin, Davis said.
Oh dear, I can hear all the staff bags being packed as we speak.
