- Tiger Airways Holdings
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Tiger Airways Holdings Limited Type Public (SGX: J7X) Industry Airline Founded Singapore, 2007 Headquarters Singapore Key people Tony Davis (CEO)
Chin Yau Seng (CEO-designate)[1]Products Tiger Airways
Tiger Airways AustraliaWebsite www.tigerairways.com Tiger Airways Holdings Limitedis a Singapore-based holding company that owns and operates pan-Asian airline Tiger Airways, as well as the Australian domestic airline, Tiger Airways Australia.[2] The holding company was formed in 2007 to allow for easier management of the two subsidiaries, as well as any future expansion, without having to focus on operational issues, leaving those to the airlines themselves.
The group flew 2.25 million passengers in the year ended 31 March 2008, a 50% increase over the previous year. Revenue increased by 82% in the same period, although the company has not announced if this translates into any profits.[3] The company says that its Australian operations are generating positive cash flows without a need for cross-subsidies from its Singapore operations, but there are concerns that its "positive cash flows" may have taken into account forward bookings into the next fiscal year.[4]
Contents
Companies
Subsidiaries
- Tiger Airways Singapore (100%)
- Tiger Airways Australia (100%)
Associated companies
- Mandala Airlines (33%)
- South East Asian Airlines (32.5%)[5]
- Thai Tiger Airways (39%)
Abandon Startups
- Incheon Tiger Airways (49%) never started up.
Tiger Airways is publicly listed on the Singapore Exchange since February 2010. The main shareholders in Tiger Airways Holdings as of July 2011, who hold more than 5% shares, are:[2]
- Singapore Airlines Limited (32.84%)
- Dahlia Investments Pte Ltd 7.37%
References
- ^ "Tiger Airways gets new CEO". Channel News Asia. http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1149762/1/.html. Retrieved 29 August 2011.
- ^ a b Tiger Airways - About Us retrieved 2011-08-29
- ^ Channelnewsasia.com
- ^ Tiger on the jump in Australia | smh.com.au
- ^ http://www.flightglobal.com/articles/2011/02/24/353609/tiger-to-buy-32.5-stake-in-seair.html
Singapore Airlines HistoryServicesPeopleRelated companies
SIA Engineering Company (International Engine Component Overhaul · Singapore Aero Engine Services Private Limited) · Scoot · SilkAir (Tradewinds Tours and Travel) · Singapore Airlines Cargo (Great Wall Airlines1) · SATS Group · Singapore Flying College · Tiger Airways Holdings (Tiger Airways · Tiger Airways Australia · Thai Tiger Airways) · Virgin Atlantic Airways21 25% ownership 2 49% ownership Categories:- Companies listed on the Singapore Exchange
- Airline holding companies
- Companies of Singapore
- Companies established in 2007
- Singapore Airlines
- Temasek Holdings
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