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The original VNQ is now 9VTAV...
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Back to School
I saw an article in the Australian that said:
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, |
So base number 2 has opened how was day one?
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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.... |
Yeh but daddy's pockets are quite large...
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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 |
Dr, Pepz said 18/11/2009
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. |
"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? |
Go do some research on how Ryan Air progressed.
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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. |
With load factors of around 90% for this weekend, it would seem someone is doing something right...
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Selling tickets for $10 will fill an aircraft for sure.:rolleyes:
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90% loads this weekend? First day of school holidays. Why so low?
Bbbbbbbbbzbzbzbzbzbzb |
If you build it, they will come. |
VNQ has been delivered and unlike previously mentioned by myself is brand new.
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Saw it fly out of Maktoum today on the way to Singas.
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It has arrived in mel
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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. |
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. |
Or $16.84 per seat if the fleet of 11 a/c do 6 sectors a day.
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