Merged: Tiger Tales
but u get what u pay for
Join Date: Oct 2001
Location: Australia
Posts: 636
Likes: 0
Received 0 Likes
on
0 Posts
Press release on Friday saying ADL will get 2x A320s, not A319s. So are the A319s canned, going to MEL or SIN?
Also ADL-CBR flights announced from late March 4x weekly Mon/Wed/Fri/Sun afternoons
Also ADL-CBR flights announced from late March 4x weekly Mon/Wed/Fri/Sun afternoons
Join Date: Aug 2008
Location: Australia
Posts: 370
Likes: 0
Received 0 Likes
on
0 Posts
So are the A319s canned, going to MEL or SIN?
"The A320s replace previously announced A319s due to the response to the recently announced Tiger Airways routes from Adelaide to Perth, Gold Coast, Hobart, Melbourne and Alice Springs"
I presume these new A319's are not on the assembly line yet, hence the changeover? Mabye there are a few spare birds out there also? I do think that the Adelaide market would have been better suited to the A319 though...
Join Date: Aug 2000
Location: Dunedin, NZ
Posts: 280
Likes: 0
Received 0 Likes
on
0 Posts
Good luck to Tiger trying to sell ADL-CBR as a non peak time service. Surely thie idea of flights to Canberra is to fly people into Canberra for a meeting, and fly them home in the late afternoon. You can do that on Tiger MEL-CBR services, but anyone using the Tiger ADL-CBR service will have to stay the night, which loses the savings they made on the airfare. But if people from ADL will use the service to have a holiday in Canberra, this is great.
If Tiger does want to start operating Trans Tasman, as they have said they might, are all the planes fitted for EROPS as standard, or would they need to add a couple of planes for those services?
If Tiger does want to start operating Trans Tasman, as they have said they might, are all the planes fitted for EROPS as standard, or would they need to add a couple of planes for those services?
Join Date: Aug 2008
Location: Australia
Posts: 370
Likes: 0
Received 0 Likes
on
0 Posts
from peanuts.aero
"Tiger Aviation, the company that operates Tiger Airways and Tiger Airways Australia, has reported (28-Nov-08) a full year group consolidated profit after tax of SGD9.9million for the financial year 2007/08 that ended on 31-Mar-08.
Key financial highlights for the FY 07/08 year included;
• Group consolidated profit improved by SGD24.7million from a loss of SGD14.8million to a profit of SGD9.9million.
• The total fuel spend for the year increased by 66% to SGD123m and the average price of jet fuel versus prior year increased by 17 % from USD80 to USD93 per barrel
• Earnings before interest, taxation, depreciation and aircraft rentals (EBITDAR) increased by 134 % from SGD26.7million to SGD62.6million.
• Year end cash balances increased by over 750 % from SGD3.9million to SGD33.4million
• No increase in shareholders’ investment which remains at SGD24.4million
• FY07/08 Net Profit for Tiger Airways Singapore of SGD37.8million
• Total pre-operating (start-up) costs for Tiger Airways Australia of AUD 7.9million have been fully expensed including set up of 12 airport operations across Australia
• Tiger Airways Australia operating loss of AUD12.2million for year ending 31-Mar-08, below initial forecast and all operations have been fully funded by positive cash-flow.
Tony Davis, Group CEO and President of Tiger Aviation said “We are delighted with the performance of both of our airlines during the last financial year. Despite difficult trading conditions, which saw our total fuel spend increase by 66%, we have created a solid
foundation for future regional growth by re-investing earnings in new opportunities, specifically the successful on-time, under budget launch of Tiger Airways Australia. Our employees in both Singapore and Australia have done a great job and we are confident
that our low fare model is the right product for our millions of customers across the Asia Pacific region”.
Davis continued “it is a testament to the strong business model developed by the Tiger Airways companies that even with the surge in oil prices and the additional complexities of operating two separate airlines, our company has declared a consolidated group profit after
only three years of operation and having fully expensed the start-up costs of our new airline in Australia – this is well ahead of the time taken by other leading global low fare airlines to reach profitability”.
The company’s airlines continue to generate strong cash-flows with cash balances increasing during the period from SGD3.9million to SGD33.4million. During the period the company secured deliveries for a further 50 Airbus A320 aircraft and 2 Airbus A319s bringing the total aircraft commitment to 72.
In addition to announcing the Tiger Aviation group profit of SGD9.9million for financial year 07/08, Tiger Aviation also gave an update on its operating performance for the Q2 of FY08/09. Compared to the year before the group achieved a solid performance in a challenging operating environment with :
- Passenger growth of 58.8%
- Capacity growth of 61.8%
- Gross revenue growth of 59.0%
Davis said “it is clear from these figures that Tiger Aviation is building a firm platform from which to develop our businesses across the entire Asia Pacific region and we look forward to continued strong passenger growth in the current financial year”."
"Tiger Aviation, the company that operates Tiger Airways and Tiger Airways Australia, has reported (28-Nov-08) a full year group consolidated profit after tax of SGD9.9million for the financial year 2007/08 that ended on 31-Mar-08.
Key financial highlights for the FY 07/08 year included;
• Group consolidated profit improved by SGD24.7million from a loss of SGD14.8million to a profit of SGD9.9million.
• The total fuel spend for the year increased by 66% to SGD123m and the average price of jet fuel versus prior year increased by 17 % from USD80 to USD93 per barrel
• Earnings before interest, taxation, depreciation and aircraft rentals (EBITDAR) increased by 134 % from SGD26.7million to SGD62.6million.
• Year end cash balances increased by over 750 % from SGD3.9million to SGD33.4million
• No increase in shareholders’ investment which remains at SGD24.4million
• FY07/08 Net Profit for Tiger Airways Singapore of SGD37.8million
• Total pre-operating (start-up) costs for Tiger Airways Australia of AUD 7.9million have been fully expensed including set up of 12 airport operations across Australia
• Tiger Airways Australia operating loss of AUD12.2million for year ending 31-Mar-08, below initial forecast and all operations have been fully funded by positive cash-flow.
Tony Davis, Group CEO and President of Tiger Aviation said “We are delighted with the performance of both of our airlines during the last financial year. Despite difficult trading conditions, which saw our total fuel spend increase by 66%, we have created a solid
foundation for future regional growth by re-investing earnings in new opportunities, specifically the successful on-time, under budget launch of Tiger Airways Australia. Our employees in both Singapore and Australia have done a great job and we are confident
that our low fare model is the right product for our millions of customers across the Asia Pacific region”.
Davis continued “it is a testament to the strong business model developed by the Tiger Airways companies that even with the surge in oil prices and the additional complexities of operating two separate airlines, our company has declared a consolidated group profit after
only three years of operation and having fully expensed the start-up costs of our new airline in Australia – this is well ahead of the time taken by other leading global low fare airlines to reach profitability”.
The company’s airlines continue to generate strong cash-flows with cash balances increasing during the period from SGD3.9million to SGD33.4million. During the period the company secured deliveries for a further 50 Airbus A320 aircraft and 2 Airbus A319s bringing the total aircraft commitment to 72.
In addition to announcing the Tiger Aviation group profit of SGD9.9million for financial year 07/08, Tiger Aviation also gave an update on its operating performance for the Q2 of FY08/09. Compared to the year before the group achieved a solid performance in a challenging operating environment with :
- Passenger growth of 58.8%
- Capacity growth of 61.8%
- Gross revenue growth of 59.0%
Davis said “it is clear from these figures that Tiger Aviation is building a firm platform from which to develop our businesses across the entire Asia Pacific region and we look forward to continued strong passenger growth in the current financial year”."
Join Date: Aug 2007
Location: Australia
Posts: 71
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Aug 2008
Location: Australia
Posts: 370
Likes: 0
Received 0 Likes
on
0 Posts
What's on with the Oz Fleet these days?. Stands at 4 A320's , should be 5 though as of next week, but that was canned. Currently there is a new A320 at the Airbus Factory, due for Delivery at the end of this month to Tiger Aviation.
Rumour is also browsing that the 5th Plane to Australia is off to Singapore....TT Employees care to elaborate here? All those nice frequencies to HBA/LST/ADL/MCY starting next week have vanished...
Just what TT Managment trying to accomplish at the moment?
Rumour is also browsing that the 5th Plane to Australia is off to Singapore....TT Employees care to elaborate here? All those nice frequencies to HBA/LST/ADL/MCY starting next week have vanished...
Just what TT Managment trying to accomplish at the moment?
Join Date: Apr 2008
Location: Australia
Posts: 19
Likes: 0
Received 0 Likes
on
0 Posts
A little black duck told me that a number of new F/O's had declined the employment offer, due to some very nice clauses in the employment contract.
gotta think real hard before u decline jet job worth 105-110K per year with relatively quick progression.
Anyone care to share what those nasty clauses were?
Tiger will announce sydney on wednesday
Join Date: Jul 2005
Location: The local
Posts: 54
Likes: 0
Received 0 Likes
on
0 Posts
Smart move if true. About bloody time. But are Sydney airport ready for them. I doubt it. Where would they park? What fee structure would be imposed on them? Tiger is very sensitive to over inflated fees. Look at the reasons they offered for pulling out of Darwin. $17/pax for security. Unsustainable according to TT management. It'll have to be a pretty sweet deal for Tiger to enter Sydney.
But when they do, it's gonna be a blood bath.
But when they do, it's gonna be a blood bath.
Join Date: Apr 2008
Location: In a time warp
Posts: 283
Likes: 0
Received 0 Likes
on
0 Posts
What will they use on these so called sydney services, more of these new aircraft that never arrive? And what has happened to all these extra flights they were going to start from this month? 
Is there room at SYD for them?
Is there room at SYD for them?
Join Date: Aug 2008
Location: Australia
Posts: 370
Likes: 0
Received 0 Likes
on
0 Posts
And what has happened to all these extra flights they were going to start from this month
Is there room at SYD for them?
Join Date: Jun 2007
Location: deepest darkest recess of your mind
Posts: 1,017
Likes: 0
Received 0 Likes
on
0 Posts
The "DJ Side"? What exactly are you smoking? Please tell us where the spare gates are there, we'd love to know as well......... Guess we'll get to see how good their OTP is now that they're operating into a "proper" airport
