Tiger Airways flew 42% more passengers in Jan

Tiger Airways flew a total of 664,000 passengers in January, a 42 per cent increase from 466,000 a year earlier.

The budget carrier on Monday reported a 34 per cent increase in January traffic to 1.01 billion revenue passenger-kilometres, while capacity rose 20 per cent to 1.2 billion available seat-kilometres.

Consequently, overall passenger load factor improved 8 percentage points to 84 per cent from a year ago.

Tiger Singapore saw its passenger load factor increase 10 percentage points to 84 per cent, on a 23 per cent growth in revenue passenger-kilometre which outpaced the 8 per cent increase in capacity.

SOURCE

Load factor increasing more than fleet expansion. That is good news for the young carrier.