The transaction, once completed, will see Virgin Australia secure 100 per cent ownership and full control of Tigerair Australia and brings to a conclusion the joint venture between Virgin Australia and Tiger Holdings which commenced in July last year. As part of the proposed acquisition, Virgin Australia will secure the brand rights to fly Tigerair Australia to a number of short-haul international destinations, providing new growth opportunities for the business.
Singapore-based Tiger Airways has changed its name to Tigerair. Explaining the reason behind the brand refresh, Koay Peng Yen, group chief executive, Tiger Airways, said: “We have initiated a series of changes since late last year, and this brand identity should be seen as a reinforcement of our commitment towards a better and bolder Tigerair.”
Tiger Airways will launch seven weekly services to Yogyakarta and Bandung from July 1st and August 1st 2013 respectively. Ho Yuen Sang, managing director, Tiger Airways Singapore, said: “Indonesia is the fourth most populous country in the world, and is one of the world’s fastest-growing aviation markets.
Adventures into the Red Centre of Australia are going to be even easier from now on, thanks to two new routes being introduced by Tiger Airways Australia to Alice Springs. Four weekly return services between Melbourne and Alice Springs and between Sydney and Alice Springs will commence from April 9th 2013.
Tiger Airways has appointed independent creative agency The Secret Little Agency as its brand agency in Asia Pacific after a closed door pitch. “We aim to be the leading low-cost carrier in Asia Pacific that is focused on providing our customers with a seamless experience from the point of booking to when they return from their travels,” said Alexander Knigge, chief commercial officer, Tiger Airways.
Tiger Airways has completed its 33 per cent investment in PT Mandala Airlines of Indonesia. The investment in Mandala will be held through its wholly-owned subsidiary in Singapore, Roar Aviation.
Tiger Airways is to launch direct flights between Singapore and Dhaka, Bangladesh’s capital city. There will be four flights a week when the service launches – on Monday, Wednesday, Friday and Sunday.
In a rare piece of good news for the airline, Tiger Airways has issued a statement on the Singapore Exchange stating it has gained regulatory approval to boost the number of flights it operates. Consequently, Tiger Airways Australia will soon roll out a new flight schedule with additional flying for travel prior to Christmas.
Thai Airways has effectively severed ties with Tiger Airways after confirming it would not renew its alliance with the carrier. Singapore-based Tiger was grounded for several weeks earlier this year following concerns over safety.
The Civil Aviation Safety Authority of Australia has cleared the way for Tiger Airways to return to the skies following a six week grounding. Tiger has agreed to a raft of new safety measures, including an improved training regime for pilots.
Earlier this week it appeared Tiger Airways – grounded since July 1st – would be back in the skies by the start of next week. That now appears to have been optimistic, to say the least, with the Australian Civil Aviation Safety Authority identifying further problems with the carrier, which could now be grounded for the foreseeable future.
Tiger Airways appeared to be inching toward a return to the skies next week as a federal court appearance in Australia was cancelled for the fourth time. Tiger has been in negotiations with the Civil Aviation Safety Authority since its licence to fly was suspended over “imminent” safety concerns on July 1st.