Flight restrictions threaten Tiger profitability

Flight restrictions threaten Tiger profitability

Tiger Airlines Australia has said that the business is not profitable as long as it operates on the limited service schedule imposed by the Civil Aviation Safety Authority (CASA). The airline reported a SG$27.2 million (US$21 million) operating loss in the three months ended 30 September, compared to a loss of SG$600,000 in 2010. Management has asked CASA to limit the operating restrictions, currently at 22 flights per day, and is hopeful of a positive decision within a couple of weeks, reports the Sydney Morning Herald. Chief Executive Chin Yao Seng said a return to breakeven point depends entirely on the number of flights the carrier can fly.

Mark Elliott
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