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Old 27th Oct 2013, 23:16
  #1457 (permalink)  
WSSS
 
Join Date: Dec 2000
Location: Pasir Ris
Posts: 57
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Tigerair Australia is significantly older but also has been consistently unprofitable since launching in 2007. The carrier, which currently operates 11 A320s on 16 domestic routes, incurred an operating loss of SGD18 million (USD15 million) in 2QFY2013. Tigerair Australia has been conducting a deep strategic review since Virgin Australia took control in Jul-2013.
Seems like all the Tiger branded carriers in South East Asia made a lost the last financial quarter.

Tigerair challenges continue as losses are recorded in Australia, Indonesia, Philippines & Singapore | CAPA - Centre for Aviation
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