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Low
cost, Singapore-based airline, Tiger Airways is seeking regulatory approval to establish a new domestic Australian airline
in competition with Virgin Blue and the Qantas Group.
Tiger Airways President and Chief Executive Officer, Tony Davis said the
airline was ready to enter the
market and deliver Australians genuine low fares, competing in a market which has returned to a cosy duopoly and
seen fares increase.
“Fares are too high in Australia. We see the opportunity to deliver consistently low fares on all our routes. Unlike others
in this market, we won’t be a low cost airline selling high fares. We’ll be low cost
and very low fare.”
“The introduction of Tiger Airways services between Darwin and Singapore has been a major boost to regional
tourism in the NT. We’re consistently selling fares on our international flights cheaper than domestic specials offered
by the duopoly,” Mr Davis said.
The Tiger Airways business model is based on Europe’s successful Ryanair, which uses its very low cost base to
deliver very low fares. “We certainly benefit from the experience and knowledge available to us through having the
Ryan family as investors in Tiger Airways,” Mr Davis said.
Mr Davis outlined the company’s plans to Federal Ministers
last week and the airline has now commenced the process
to obtain an Australian Air Operator’s Certificate (AOC).
In addition to the application to the Civil Aviation Safety Authority (CASA) for the AOC, Tiger Airways has advised the
Foreign Investment Review Board (FIRB) of its intent to establish a new Australian domestic airline as part of the Tiger
Airways Group.
Mr Davis said that Tiger Australia’s inception would create up to a 1,000 new jobs, both direct and indirect, across
Australia.
Tiger Airways has already established a successful international presence in the Australian market, currently operating
four times a week from Darwin to Singapore, and will commence a new service between Perth and Singapore on March
23rd.
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