Tigerair
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Join Date: Mar 2005
Location: Australia
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Tigerair
Just wondering whether anyone can tell me how Tigerair is performing. A mate told me they're struggling, but then I heard someone else say their flights are full.
Bottums Up
Full flights of low yield cheap fares don't necessarily mean profitable, and half full flights of high yield business class fares don't necessarily mean loss.
Join Date: Apr 2000
Location: Devonport Tasmania Australia
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talking to most Travel Agents in my contact sphere, none will book them.
No Industry presence = no interest and all bookings we made resulted in a complete disaster.
I will temper that with the fact that number one son has used them on several occasions and has had zero problems.
I am just too old and cynical to run with scissors again.
Best all
EWL
Now Knight Flight not Jetset. Same value, worse sense of humour.
No Industry presence = no interest and all bookings we made resulted in a complete disaster.
I will temper that with the fact that number one son has used them on several occasions and has had zero problems.
I am just too old and cynical to run with scissors again.
Best all
EWL
Now Knight Flight not Jetset. Same value, worse sense of humour.
Tigers entire purpose is to keep Jetstar in the low cost segment, while Virgin lower cost base than Qantas competes for the business dollar. Without Tiger Jetstar could have gradually encroached on Virgin offering pseudo business class options.
Tiger might never turn a positive dollar but if they hold Jetstar down they've completely served their purpose. Alan knows it to.
Tiger might never turn a positive dollar but if they hold Jetstar down they've completely served their purpose. Alan knows it to.
Most flights are 90% plus load factor ....up to overbook levels. Can't say what the yield is like, I'd imagine not so good. Last quarter still reported losing a motza.
Now that VA is getting a good lump sum to play with, it's no secret that TT will be grown, as berealgetreal says to keep JQ in check. Economies of scale are needed to stem the red ink flow.
Now that VA is getting a good lump sum to play with, it's no secret that TT will be grown, as berealgetreal says to keep JQ in check. Economies of scale are needed to stem the red ink flow.
EWL
Good luck with the new venture. So your sense of humour wouldn't stretch to "Fly by Knight"?
Regards
The other Loco Ron
Now Knight Flight not Jetset. Same value, worse sense of humour.
Regards
The other Loco Ron
