Merged: Tiger Tales
Join Date: Jun 1999
Location: Australasia
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Back to School
I saw an article in the Australian that said:
Does anyone know what the actual training or course was?
Stay Alive,
Meanwhile,the low-cost carrier has also sent some of its senior people back to school. The training of 24 staff at RMIT University involves mainly senior pilots, cabin trainers and safety and quality-related senior ground crew.
Stay Alive,
Join Date: Jun 2002
Location: Brisbane
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TIGER Airways has vowed to run at a loss for as long as it takes to break Qantas and Virgin Australia's dominance in the domestic air fare market.
Tiger Airways flies at Qantas and Virgin Australia's duopoly | thetelegraph.com.au
Glad I don't invest in Tiger Airways. This is almost predatory pricing, intentionally running at a loss to the detriment of competitors.
I guess safety standards will take another cut too....
Join Date: Apr 2009
Location: on the floor and I can't get up
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They lost face...
My understanding is Singapore is staying in it to "stick it up 'em!".
Just wait and see what happens when the tiger pounces. Singapore Airlines will make sure it's a success, Scoot too.
just my 2c
Just wait and see what happens when the tiger pounces. Singapore Airlines will make sure it's a success, Scoot too.
just my 2c
Dr, Pepz said 18/11/2009
So Dr.Pepz who's calling the shots in this money burning exercise? Directors don't lose money unless their shareholders are happy to.
KABOY - a bit naive to think that SIA has the time and resources to sit around and burn money on TR just to "look good" and "save face". Singapore is not China and the culture here is by no means "Chinese".
Next, TR is not a subsidiary of SIA. 51% is owned by other shareholders, so SIA cannot unanimously make decisions on what to do with TR.
Next, TR is not a subsidiary of SIA. 51% is owned by other shareholders, so SIA cannot unanimously make decisions on what to do with TR.
Last edited by KABOY; 1st Jul 2012 at 08:52.
Join Date: Oct 2006
Location: Darwin
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"Just wait and see what happens when the tiger pounces. Singapore Airlines will make sure it's a success, Scoot too."
Tiger have been around for 4years+ now, and never made a profit.
My question is, what are Tiger waiting for before they pounce?
Tiger have been around for 4years+ now, and never made a profit.
My question is, what are Tiger waiting for before they pounce?
Tiger's problems over the years are a direct result of one incompetent CEO, who appointed all his ex colleagues from sinking ship BMI. They came, they didn't know the market nor anything about safety, and they sure didn't like spending money. And my god it blew up in their faces.
Today's Tiger is a different story. Run by somebody who knows the market and wants to take the company far. And he is most certainly delivering, will be very interesting how he steers the company over the next 5 years.
Ben Sandilands sums it up quite well..
Tiger Airways' David vows to take down the Goliaths | Plane Talking
If you build it, they will come.
Today's Tiger is a different story. Run by somebody who knows the market and wants to take the company far. And he is most certainly delivering, will be very interesting how he steers the company over the next 5 years.
Ben Sandilands sums it up quite well..
Tiger Airways' David vows to take down the Goliaths | Plane Talking
If you build it, they will come.
Bit quiet on the Tiger front lately.
Overnight Singapore posted Q2 results and it appears Tiger Australia only lost $5.7m last quarter. Halved from the previous quarters where it was a running streak of 10-15m loss.
Overnight Singapore posted Q2 results and it appears Tiger Australia only lost $5.7m last quarter. Halved from the previous quarters where it was a running streak of 10-15m loss.
Join Date: Apr 2010
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I believe that is just Tiger Airways' Holdings portion of the loss, Virgin gains a 10m loss.
$A15.35m loss for the 3 months.
On average they are losing 1.2m a week, or roughly 200k a day.
$A15.35m loss for the 3 months.
On average they are losing 1.2m a week, or roughly 200k a day.