Chennai: Come October 2007 Singapore''s low cost airlines Tiger Airways will connect Chennai and Kochi with Singapore. The airline will operate four flights per week to Chennai and three flights per week to Kochi. The one-way fare for both the routes starts from S$59.99.
Tiger Airways is the only Singapore-based low fare airline to operate flights between Singapore and India. With its low fare model, which offers prices almost half of the current published fares of other airlines, Tiger Airways is confident of strong demand for its services.
According to CEO Tony Davis, "The airline has now established an extensive network of low-fare routes across the Asia Pacific region offering services from as far as Melbourne to Chennai and Guangzhou to Perth. India is a very promising landscape for the growing aviation industry. It is today, the world''s second largest aviation market and we see great potential for low-fare international flights."
The airline recently concluded an order for an additional 50 new Airbus A320 aircraft, bringing its total fleet to 70 aircraft, which it will introduce intro service in Asia and within Australia over the next few years.
Tiger Airways earlier this year obtained authority to operate its flights on an extended twin engine operations (ETOPS) basis, which enables the airline to operate more efficient direct routings between Singapore and points in southern India.
Tiger Airways'' founding shareholders are: Singapore Airlines Limited (49 per cent); Indigo Partners LLC, the investment firm founded by Bill Franke (24 per cent); Irelandia Investments Limited, the private investment arm of Tony Ryan and family (16 per cent); and Temasek Holdings Pte Ltd (11 per cent).