Budget carrier Tiger Airways has been granted its final regulatory approval to fly to Perth which will be its second Australian destination after Darwin.
Tiger, which is 49% owned by Singapore Airlines has also announced plans to fly domestically in Australia with fares as low as $10 or $20 certain to spark a a massive price war between Tiger, Jetstar, Qantas and Virgin Blue.
Tiger CEO Tony Davis said, “This is great news and reinforces our confidence that the Singapore-Perth route is going to be a big winner for both Tiger Airways and tourism in Western Australia,” adding, starting March 23, the carrier will fly four times a week to Perth and intends to expand the schedule to a daily basis from May onwards, instead of November as originally planned”.
Tiger, which began flying in 2004, flies from Singapore to destinations throughout Southeast Asia and to China and is owned by four shareholders, including Singapore Airlines which has a 49% stake and Singapore Government investment arm Temasek Holdings with 11%.
Irishman Tony Ryan and founder of the European low cost leader Ryanair has a 16% shareholding and is also a Director.
Report by The Mole
