Tiger Airways Nov bookings up 56%

BUDGET carrier Tiger Airways posted a 56 per cent rise year-on-year in passenger bookings to 628,000 in November, while capacity rose 32 per cent to 1.15 billion in available seat-kilometres (ASK).

Groupwide revenue passenger-kilometres (RPK) increased 47 per cent to 977 million while passenger load factor improved 8 percentage points to 85 per cent.

Tiger Singapore recorded a 33 per cent increase in traffic to 721 million RPK in November. This comes on the back of a 17 per cent increase in capacity to 852 million ASK. Passenger load factor was up 10 percentage points to 85 per cent while the number of passengers carried grew 30 per cent year-on-year to 389,000 passengers.

Tiger Australia, which has been reinstating services following the groundings a year earlier, recorded a 110 per cent increase in traffic to 256 million RPK while capacity increased 113 per cent to 296 million ASK for the month. Tiger Australia carried 239,000 passengers, up 132 per cent year-on-year, though passenger load factor slipped 2 percentage points to 86 per cent.

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Not bad a performance! With a big jump in capacity Tiger Airways actually managed to even improve the load factor. The worst days are probably over and the sunshine is right ahead. Keep it going.