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Tiger Airways reported solid passenger volumes and load factors in May 2011. From June 2010 to May 2011, a total of 6.2 million passengers chose to fly with Tiger Airways, an increase of 20% over the 5.2 million passengers in the preceding 12 months. Average load factor for the 12-month period to May 2011 was 86%, an increase of 1 percentage point year-on-year.
For the month of May 2011, Tiger Airways carried 596,000 passengers, a 23% increase compared to the same month last year. The average load factor across Asia and Australia for the month was 83%, an increase of 1 percentage point compared to May 2010.
Tony Davis, President and Group CEO of Tiger Airways Holdings said, “We are pleased to report robust growth in passenger numbers in May 2011. Recording passenger growth of 23% and concurrently registering an increase in the load factor reflects the continued resilience in demand for our low cost low fare product from Singapore and in Australia.”
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
