Australia, New Zealand & the Pacific Airline and RPT Rumours & News in Australia, enZed and the Pacific

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Old 26th Aug 2011, 10:16
  #1321 (permalink)  
 
Join Date: Apr 2007
Location: FL290
Posts: 742
Dear Alan Joyce, what is happening to Tiger is what will happen to Qantas if it tries invading Asia

TIGER Airways plans to raise $S158.6 million ($126m) in a rights issue to fund aircraft purchases and strengthen its balance sheet as the budget carrier recovers from loss of business in Australia, where it was grounded for six weeks on safety concerns.

Tiger Airways to raise $126m to buy aircraft, strengthen balance sheet | The Australian
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Old 27th Aug 2011, 04:24
  #1322 (permalink)  
 
Join Date: Aug 2011
Location: Melbourne, Australia
Age: 30
Posts: 3
Any reason VNJ has it's nose and engines missing in the JH hangers? Been like that for weeks now.
VNJ's engines have remained firmly in place for the last 7 weeks... The #2 ENG O/B T/R was off, but has been since replaced.

It's nose on the the other hand was removed due to it getting awefully friendly with a tug....

Cheers,
MkII
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Old 27th Aug 2011, 04:27
  #1323 (permalink)  
 
Join Date: Aug 2011
Location: Melbourne, Australia
Age: 30
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Porch Monkey,

Unsure if it was a spurious message as the A/C was declared serviceable only the next day, and from what I have been told there was no defect raised, and therfore no troubleshooting C/O. A simple download and on it's way again.

MkII
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Old 29th Aug 2011, 01:24
  #1324 (permalink)  
 
Join Date: Feb 2011
Location: Oz
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Music to my ears...

How many brits left now
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Old 29th Aug 2011, 01:26
  #1325 (permalink)  
 
Join Date: Feb 2002
Location: NSW
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Time for a pilot to run an airline!

TIGER Airways said today its acting chief executive, Chin Yau Seng, will take over as the permanent head of the budget carrier on November 1 to replace Tony Davis, who is leaving the company.

Mr Davis, who joined Tiger Airways in January 2005, is the chief of the airline's Australian unit that was grounded for nearly six weeks by local regulators on safety concerns.

Mr Davis is leaving to take up a new position outside the company and will also cease to be an executive director at Tiger, according to a company statement to the Singapore Exchange.

The company is in the process of appointing a replacement for Mr Davis as the chief executive of Tiger Airways Australia, it said.
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Old 29th Aug 2011, 02:09
  #1326 (permalink)  
 
Join Date: Jun 2009
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REPLACEMENT

NAR,I TINK THEY NEED AN IRISHMAN THEY KNOW HOW TO RUN IT LOOK HOW WELL QF IS GOING
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Old 29th Aug 2011, 02:10
  #1327 (permalink)  
 
Join Date: Oct 2006
Location: Sydney
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Word is Tony Davis has quit Tiger effective end of October, surprise surprise, I wonder what the next move will be???
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Old 29th Aug 2011, 03:24
  #1328 (permalink)  
 
Join Date: Nov 2007
Location: Yellow Brick Road
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Troubled Tiger Airways Australia loses Tony Davis
Fairfax Media quizzed Mr Davis on his future in Australia at the relaunch of Australian services on August 10... He laughed at suggestions he'd been sent on a one-way mission. The airline had bought him a return ticket, he said, not a one-way fare. "My commitment is open-ended," Mr Davis said.
Pretty quick u-turn there.
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Old 29th Aug 2011, 03:31
  #1329 (permalink)  
 
Join Date: Aug 2008
Location: Australia
Posts: 370
No doubt Declan Ryan has given him a job at Ryanair..
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Old 29th Aug 2011, 03:54
  #1330 (permalink)  
 
Join Date: Dec 2001
Location: Brisvegas
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He laughed at suggestions he'd been sent on a one-way mission. The airline had bought him a return ticket, he said, not a one-way fare.
Pretty quick u-turn there.
No U turn there. Tony was right. He DID have a return ticket to Singapore. So that he could catch his connecting flight to the UK!

Perhaps Tony & Crawford will sit in a pub in England and ponder how it was everyone else's fault.

So is there a lesson here about bringing in overseas "expert management"?
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Old 29th Aug 2011, 04:02
  #1331 (permalink)  
 
Join Date: May 2007
Location: Singapore
Posts: 271
Under the previous sia managment, they claimed that running an LCC wasn't their expertise, which is why they capped their equity in TR at 49pc and let a whole new management from ryanair and bmibaby run the show. Besides letting tiger have full use of SIA's training facilities in SIN, SIAks involvement in TR was zero. Heck, tiger didn't even use SIA's ground handling subsidiary in SIN when it first started out.

Now, still with less than 50pc equity in TR, SIA has put their own guy as head of the airline after the australia thing blew in their faces. They also appointed the former Chairman of SIA (1972 to 1994, arguably during the airline's best years) as TR's chairman.

At the same time, they have put their own guy to head the new longhaul LCC subsidiary.

For too long, SIA has managed to provide a superior product at a very competitive cost base. At one stage in the last decade, sq's cost per ask was lower than ryanair and was beaten only by air asia.

One wonders then why SIA wants to waste precious management time running LCCs which they have no expertise in doing. After all. They used to run an airline which had the best product offering in the sky, with a cost base similar to ryanair, without the need to exploit thai cabin crew and what not.

Silly silly silly.
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Old 29th Aug 2011, 06:20
  #1332 (permalink)  
 
Join Date: Aug 2000
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I do not think Tony Davis has quit his post is an entirely accurate statement.

"A report from SIN says the move to replace Davis was completely expected after Tigers Australian business was rocked by its grounding during his tenure as CEO.

The impact of the grounding has had grave consequences for the Tiger Group with their quarterly performance ending on 30 June 2011 showing an operating loss of S$23.3M compared to a profit of S$10.6M for the corresponding period last year.

It is now necessary to shore up the balance sheet by increasing equity. The plan is to raise S$158.6M with a rights issue at a 39% discount to the most recent share price"

Tiger must be desperate for the $$$$'s with such a big discount. With July and August (almost) behind them it sounds like they are expecting a large loss for the quarter ending in 5 weeks time.
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Old 9th Sep 2011, 04:17
  #1333 (permalink)  
 
Join Date: Apr 2010
Location: Australia
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Tiger Airlines

I have some friends flying for Tiger, who are seriously considering moving to either Strategic or Jetstar. This article doesn't instill one with confidence! I hope that it becomes strong again, as besides providing jobs, it filled a portion of the Australian market, not covered by the others.

New chief executive for ailing Tiger Airways Australia
TIGER Airways Australia is believed to have secured a new chief executive as the loss-making airline struggles to slowly recover after its recent grounding for safety reasons.

The Singaporean-owned carrier is only now moving to nine daily return services, and a daily return service to Perth will start today.
It is also running five return daily flights between Melbourne and Sydney, as well as two Melbourne-Brisbane daily returns and one between Melbourne and the Gold Coast.
It is unclear what Civil Aviation Safety Authority restrictions remain on the airline and it continues to play its cards close to its chest, saying its marketing strategy is commercially sensitive and that its dealings with the regulator are confidential.
The airline announced it would reduce its fleet to eight aircraft, but it declined to answer questions about aircraft utilisation or load factors.
Start of sidebar. Skip to end of sidebar.





End of sidebar. Return to start of sidebar.


However, an industry source said only three Tiger planes appeared to be flying on Monday and the low-cost carrier would be paying monthly lease fees of $330,000 to $350,000 per aircraft. A traveller also reported that an early morning weekday flight had departed last week with only about 25 per cent of the seats having been sold.
Spokeswoman Vanessa Regan said the airline, which still has Adelaide as a destination on its website, was planning to return to other popular destinations in its next phase of development.
Ms Regan said the airline was pleased with the level of demand and "many flights were departing nearly full".
"Tiger Airways is developing the network plan proposed by the business," she said. "The resumption of domestic services is gradual in order to focus on operational excellence."
The airline would not comment on suggestions it had found a new chief executive, saying only it would make an announcement in due course.
It revealed last week that current boss Tony Davis would be gone by November 1 and indicated it was looking for an Australian replacement with local knowledge.
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Old 9th Sep 2011, 04:25
  #1334 (permalink)  
 
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If I had the option to run from Tiger to Jetstar I would sprint
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Old 9th Sep 2011, 05:48
  #1335 (permalink)  
 
Join Date: Dec 2001
Location: Brisvegas
Posts: 2,884
I hope that it becomes strong again,
Were they ever strong? Four years in operation and they have not made a profit. This FY will be a disaster and their operating costs have now increased markedly as a result of extra staff hired to fill positions as required by CASA as a requirement to get them flying again.
Rumour is that SQ has bought more holdings in Tigers parent company and will inject significant funds to make it work.
I wish them well and believe that they can find a market AND make a profit in Australia but to date they have not achieved that with their VERY LEAN operation, so I cannot see how they will achieve it with higher costs.
If I had the option to run from Tiger to Jetstar I would sprint
Yes but would you be sprinting towards Jetstar or Stategic? Some choice.
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Old 9th Sep 2011, 06:39
  #1336 (permalink)  
 
Join Date: Dec 2007
Location: The Bubble
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Makes you wonder how Jetstar were profitable from day 1 doesn't it ..
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Old 10th Sep 2011, 00:27
  #1337 (permalink)  
 
Join Date: Feb 2001
Location: Australia
Posts: 538
600ft-lb
Not really, J* tapped a previously untapped market and quickly added capacity to get the critical mass required for profit. Not the same in any man's language. Tiger are trying to bust into an already saturated market. The must have something more in mind for Australia down the track otherwise they would have pulled the pin by now.


SN
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Old 10th Sep 2011, 03:30
  #1338 (permalink)  
 
Join Date: Nov 2007
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J* tapped a previously untapped market and quickly added capacity to get the critical mass required for profit.
Yes, but note recent allegations that J* is effectively subsidised by Qantas, although strenuously denied.
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Old 10th Sep 2011, 04:40
  #1339 (permalink)  
 
Join Date: Jan 2001
Posts: 373
Not really, J* tapped a previously untapped market and quickly added capacity to get the critical mass required for profit.
Rubbish! They were handed an instant market share. They stepped into numerous destinations from which Qantas were withdrawn (e.g. OOL). Instant 60-80% market share and instant profitability. Other places like HBA saw a substantial withdrawal by Qantas and again; instant market share.

Had they had to build their own market share, they would have occurred years and years of losses; just like Tiger.
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Old 10th Sep 2011, 10:01
  #1340 (permalink)  
 
Join Date: Apr 2005
Location: aus
Posts: 49
Approximately; however, able to make money on those routes where QF couldn't...
JQ just as safe, yet more efficient.

Anyways, this I recall is a Tiger thread. Good to see them airborne again.
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