To celebrate the strong results of their 2009 Profit, Tiger Airways is offering 600,000 seats on selected international routes at a discount of 75% off base fares. For travel between 1 July 2010 to 26 March 2011, these seats are on sale from now till 19 May 2010 or until stocks sell out.

“No matter how you cut the numbers, these are great results for Tiger Airways. Our Singapore cub recorded its third year of operating profit, and our Australian cub has recorded a breakeven operating result in its second full year of operation, a fantastic achievement.

Following the breakeven result from Tiger Australia, we have recognised 50% of the Australian deferred tax asset. The balance remains available for offset against future years’ profits,” said Tony Davis, President and Group CEO. “We have clearly succeeded with our pure low cost model – growing profits by relentlessly reducing costs and offering the lowest fares possible.

Controllable costs per seat reduced 15.1% and average passenger fares reduced 22.2% compared to the previous year.”

The ancillary services offering will also be enhanced when cargo services, currently on trial, are implemented on all flights by Tiger Airways Singapore.

The airline has 7 Airbus A320 aircraft scheduled for delivery during the financial year ending 31 March 2011. These aircraft will be allocated to its subsidiary airline businesses on a profit maximisation basis.

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