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-   -   Merged: Tiger Tales (https://www.pprune.org/australia-new-zealand-pacific/335986-merged-tiger-tales.html)

Aussie Insider 17th Aug 2008 06:49

Yeah, i also heard that they were looking at building a hotel in their a bit like MEL with 3-4 levels of car parking.

Car parking in ADL is a disgrace and definetly needs to be addressed!:ok:

sthaussiepilot 17th Aug 2008 07:49

The whole of Adelaide Airport is a sham....

it needs an entire rebuild

I love the terminal, but it is not built for growth, it is struggling now.... (mainly with INTL atm)

and with the hotel, did you also hear they want to build a sky bridge from the main terminal over to the hotel?

I herd that aswell dont know if thats true...

Aussie Insider 17th Aug 2008 11:43

Yes, I have heard that along the lines somewhere, its all talk i think!

flyer_18-737 17th Aug 2008 21:57

Tiger is in a bit of a pickle, in terms of their Aussie Sub and a Shareholders perspective

TIGER AIRWAYS has continued to keep under wraps the financial performance of its Australian operations amid industry speculation the budget carrier has suffered losses in the tens of millions since it started domestic flights out of Melbourne last November.
Tiger's parent company sought a three-month extension to file its full-year financial accounts with Singaporean regulators last month, but financial information from the budget airline reveals its Australian arm lost about $S28 million ($23 million) in its first four months of operation.
If true, the losses counter the upbeat rhetoric of Tiger's chief executive, Tony Davis, on the inroads the carrier has made into Qantas-Jetstar and Virgin Blue's share of the domestic market.
The estimate has been arrived at by reconciling the $S37.8 million profit reported by Tiger's Singaporean operations two weeks ago and comments made by the chief executive of Tiger's main shareholder, Singapore Airlines. Chew Choon Seng told analysts at a profit briefing earlier this year he was not betraying any confidence in saying profit for the 2007-08 financial year came close to $S10 million. "They are ahead of business plans, he said.
If this is the case, Tiger Australia - which is Tiger's only operation outside Singapore - would have lost about $S28 million for the period.
There are suspicions Tiger Australia's losses for this financial year may have deepened, with oil prices surging as much as 43 per cent to a high of $US145 a barrel since the end of March from about $US101. Tiger has declined to comment on the estimates.
"We will be coming out with the consolidated Tiger Aviation accounts when they are ready," said a Tiger spokesman.
Mr Hobbs said the extension Tiger sought from Singapore's Accounting & Corporate Regulatory Authority to file its accounts was due to a restructure the company undertook during the year.
The restructure saw the formation of Tiger Aviation, which will act as the holding company for all Tiger's various operations in Singapore, Australia and its yet-to-be-launched Korean and Philippine franchises.
While the airline has been coy on stating whether it is actually making money, it has been more forthcoming with less sensitive information. Earlier this month, Tiger boasted how its Australian and Singaporean operations reported a 73.7 per cent lift in passenger growth and 58 per cent lift in revenue in the year to June 30.
There are suspicions Tiger is already coming under increased pressure from its shareholders to lift its performance. A long-serving Singaporean Airlines executive was recently appointed Tiger's chief financial officer, prompting talk its 49 per cent owner now wants to keep a more watchful eye on the running of the airline. There is also speculation as to whether Tiger's other key shareholders, the private equity firm Indigo Partners and Ireland's Ryan family, might be losing patience.
Virgin Blue and Qantas are due to report their full-year results this week which are expected to show a surge in fuel costs and a slowing in domestic demand.


flyer_18-737 17th Aug 2008 22:19

SMH
Tiger Australia facing $23m loss | smh.com.au

bogan mover 18th Aug 2008 00:17

Don't get your knickers in a knot just yet.

This article is pure speculation.

Of course they are in the red. Tiger Singapore were in the red for the first few years of ops until they recently posted a profit of s$38 mil.

You cant honestly expect a new operation like Tiger OZ to be in the black inside its' first or even second year of ops can you?

Section28- BE 18th Aug 2008 03:35

Article ex the SMH today
 
Ex the Sydney Morning Herald today:


Tiger Australia facing $23m loss
  • Scott Rochfort
  • August 18, 2008
TIGER AIRWAYS has continued to keep under wraps the financial performance of its Australian operations amid industry speculation the budget carrier has suffered losses in the tens of millions since it started domestic flights out of Melbourne last November.
Tiger's parent company sought a three-month extension to file its full-year financial accounts with Singaporean regulators last month, but financial information from the budget airline reveals its Australian arm lost about $S28 million ($23 million) in its first four months of operation.
If true, the losses counter the upbeat rhetoric of Tiger's chief executive, Tony Davis, on the inroads the carrier has made into Qantas-Jetstar and Virgin Blue's share of the domestic market.
The estimate has been arrived at by reconciling the $S37.8 million profit reported by Tiger's Singaporean operations two weeks ago and comments made by the chief executive of Tiger's main shareholder, Singapore Airlines. Chew Choon Seng told analysts at a profit briefing earlier this year he was not betraying any confidence in saying profit for the 2007-08 financial year came close to $S10 million. "They are ahead of business plans, he said.
If this is the case, Tiger Australia - which is Tiger's only operation outside Singapore - would have lost about $S28 million for the period.
There are suspicions Tiger Australia's losses for this financial year may have deepened, with oil prices surging as much as 43 per cent to a high of $US145 a barrel since the end of March from about $US101. Tiger has declined to comment on the estimates.
"We will be coming out with the consolidated Tiger Aviation accounts when they are ready," said a Tiger spokesman.
Mr Hobbs said the extension Tiger sought from Singapore's Accounting & Corporate Regulatory Authority to file its accounts was due to a restructure the company undertook during the year.
The restructure saw the formation of Tiger Aviation, which will act as the holding company for all Tiger's various operations in Singapore, Australia and its yet-to-be-launched Korean and Philippine franchises.
While the airline has been coy on stating whether it is actually making money, it has been more forthcoming with less sensitive information. Earlier this month, Tiger boasted how its Australian and Singaporean operations reported a 73.7 per cent lift in passenger growth and 58 per cent lift in revenue in the year to June 30.
There are suspicions Tiger is already coming under increased pressure from its shareholders to lift its performance. A long-serving Singaporean Airlines executive was recently appointed Tiger's chief financial officer, prompting talk its 49 per cent owner now wants to keep a more watchful eye on the running of the airline. There is also speculation as to whether Tiger's other key shareholders, the private equity firm Indigo Partners and Ireland's Ryan family, might be losing patience.
Virgin Blue and Qantas are due to report their full-year results this week which are expected to show a surge in fuel costs and a slowing in domestic demand.



UNOME 18th Aug 2008 04:36

Strange...
 
All new companies lose money for the first few years and this very little one has only been going in Oz for 10 months.

It does appear very strange that they would choose to recoup costs by attempting a dead-end limited market such as ADL, where everyone else has failed, most recently our cashed up baby Jetstar.

Mr Davis has said that SYD is off the radar but surely the "other" larger population= profit centre e.g BNE to ANYWHERE, is where the cost recovery begins? :confused:

Most commentators believe ADL the wrong move and will only cause Tiger's demise, which leaves it to just slink out of Oz with its striped tail between its legs and no food in its tummy. :zzz:

windytown 18th Aug 2008 09:38

I can't help but ask if Tiger should look at the suitability of its product offering to the OZ market. While the Ultra low cost model may work for Ryanair (whose seat pitch is better than Tiger's) it did not work with Skybus in the US where Southwest, Jetblue etc had set a high benchmark. In addition Ryanair (and Easyjet)had a first mover advantage in Europe which Tiger definitely does not in OZ.
From what I can see Tiger has designed its product to be so low end, its seat pitch so tight, its checkin closeoff times less convenient to busy people, and its BYOB menu less appealing than DJ or Jetstar, it will find it very hard to ever get the sort of yields say Virgin or even Jetstar gets. Having yields that low can't be good long term.
Also I notice the A319s will often be deployed on routes which have had A320 flying, and in some cases are providing frequency and other reduced capacity. This semes different to opening up new routes to regional centres as their CEO had earlier claimed. I realise the three are not muutally exclusive, but all the same.

flyer_18-737 18th Aug 2008 10:24

I noticed that services ex Melbourne base, from 1stFeb, like CBR, HBA, ROK.... are operated by A319

How is this possible, are they changing some A320 orders, or are we getting a huge influx of Skybus aircraft?

If not, TT should have cancelled some of those orders they have, and poach those Skybus's A319's, or the ones that are new.

I am quite worried for the future of this airline. If they came 4years ago, well then things might have been quite different. Still suprised why no airline in the world took the opportunity for the aussie market until Jetstar came into the situation and became one of the most profitable LCC's on this globe

apacau 18th Aug 2008 12:16

Where do you see these MEL services operated by A319s? I put a couple of dummy bookings in for Feb MEL-CBR-MEL and the seat map was very definitely an A320.

My understanding is the MEL base will be exclusively A320 and ADL exclusively A319. The new A320 due late this year will be MEL based.

flyer_18-737 18th Aug 2008 22:08

apacau, I was booked on an A319 service from MEL-OOL next Feb, and now its an A320, odd?. My seat selection is the same number at 15A, but now ahead of the wing...

Mabye the whole ADL hub was a last minute decision??

Muff Hunter 18th Aug 2008 22:19

Looks like there will be a glut of 320 endo pilots looking for jobs in the near future....

So much for the pilot shortage....(i'll give em 6-12 months tops)

Ralph the Bong 20th Aug 2008 12:38

UNOME, Very true. A serious domestic contender must have SYD/MEL/BNE as destinations or they might as well walk. Services to QLD are pointless without the inclusion of BNE and CS. :ugh:

flyer_18-737 20th Aug 2008 22:39

If tiger operated a Brisbane service, they would offer like $69.95 fares prob...

And to Sydney, they could offer $59.95. They could do OK here, cause they are out of Tulla, not AVV and the cheapest ex MEL is about $115 from Virgin....

They could easily fill planes. What are they waiting for???

apacau 20th Aug 2008 23:22

I expect they are waiting for terminal space in Sydney and a decent deal from SACL on landing fees...

porch monkey 20th Aug 2008 23:24

Hope they aren't holding their breath.......

flyer_18-737 21st Aug 2008 00:40

For a full 180seat A320, how mich would YSSY charge to land and everything else.

What would be the costs from touchdown to takeoff at Sydney, anyone have a rough idea???

Section28- BE 21st Aug 2008 03:12

A320- ANC's: Bne-Syd
 
Ex the AirServices website:



Flight Costing Results

Date Thursday, 21 Aug 2008 Flight Type Arrival Aircraft Reg VH-VNB Flight Nbr
Training Circuits 0 PIAs 0 Full Stop Yes Flight Rules IFR Departure Airport YBBN Arrival Airport YSSY Arrival time(ETA) 0300 UTC or Local date and time UTC

Charges:

Terminal Nav $409.40
Rescue & Fire $133.04
En-route $230.43
Met Service $12.43
Noise levy $0.00
Total $785.30

Charges inc GST

GST: $37.22 $12.09 $20.95 $1.13 $0.00
Total: $71.39

Flight details:
Aircraft Details ICAO type code MTOW Assessed Noise Level Charge type A320 73,500 kg 273.9 Jet Dates and Times UTC date UTC Time Local Date Local Time Thursday, 21 Aug 2008 0300 Thursday, 21 Aug 2008 1300 Airport Details
Departure Arrival Name BRISBANE SYDNEY Code YBBN YSSY Location 272303S 1530703E 335646S 1511038E Chargeable Distance 643 km (approximately 347 nm)
The cost of any flight calculated using this service is an approximation only. It may be different from the amount invoiced by Airservices Australia for that flight. The amount of any invoice for that flight is the amount payable to Airservices Australia.
The formatting hasn't come across- but there you go, now you have them at the gate- all you have to do is get this load off and the new load on through the terminal, etc, etc: hello Mr Mac Bank :E:E:E .

Rgds

flyer_18-737 21st Aug 2008 03:17

????????????


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