Tiger Oz

[TMAK]

Alien,

I could be wrong and happy to hear if I am! But I understood to get Int Air Traffic rights, required a certain percentage of local (i.e Australian) ownership. This is why foreign ownership of QF is limited...or was??

Tiger would in such case need to become 50% owned by Australian companies or people? Rather than fully foreign owned. Can anyone confirm if this is true?

[sinala1]

Originally Posted by Alien Role

Once one has the Australian AOC stitched up, that entitles the operator to an International AOC!!!

My understanding is the same as TMAK's - any airline that wishes to gain an International AOC to operate out of Australia must be majority Australian owned.

[bushy]

50%

Wasn't qantas more than 50% foreign owned during the recent buyout offer?

[Prado]

Whilst Tiger might have good loads in the first week or so of operations, it would not be profitable - plenty of promo fares riding around atm. I heard of a family buying $10 seats on an inaugural service a week out from departure. Me thinks that flight was not full and we wanted bums on seats!

Who can tell what the future will be for Tiger - but they are in a better position that, say, Ozjet in the backing that they have from SQ. The economy will be the big player in how many carriers prosper - there's gotta be disposable income to spend on recreation and that is particularly pertinent for the LCC's market.

Cheers
Prado.