Tiger Airways signs Advance Delivery Deal with Airbus

Tiger Airways Holdings has concluded another advance delivery agreement with Airbus.

Four Airbus A320 aircraft, originally scheduled to be delivered to Tiger Airways in 2016, will now be delivered in 2011. These are in addition to the 5 aircraft that will be delivered later in 2010 and early 2011, ahead of their original delivery dates in 2016.

Currently, the Tiger fleet has 18 aircraft, with one more to be delivered in February 2010. The fleet will increase by 74% to 33 aircraft over the next two financial years (April to March), with a total of 14 aircraft deliveries.

Tony Davis, President and Chief Executive Officer of Tiger Airways, said, “Following our strong operating numbers in the last quarter, we have further accelerated aircraft deliveries to take on the growth opportunities awaiting us in Asia and Australasia. Today we welcomed our 12 millionth passenger, and we look forward to carrying our next million soon.”

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