Tiger to create airline subsidiaries and joint ventures in India

According to Channel News Asia, Tiger Airways is restructuring its business in order to prepare itself for aggressive expansion in the Asia-Pacific.
Tiger is regrouping itself into a wholly owned budget carrier. This new structure will give the carrier added flexibility to create airline subsidiaries and joint ventures in markets such as China and India. In turn, these markets can purchase support services from the group. Tiger recently appointed Daniel Ee as its new independent chairman to oversee these efforts.
“The structure we've put in place today with Tiger Aviation as the group company - owning 100 percent of Tiger Singapore and 100 percent of Tiger Australia - really enables us to take the key attributes of the business, the brand, the distribution model, marketing efforts, our financial efforts and share those across the whole group structure,” Tony Davis, CEO of Tiger Airways said.
Tiger is expected to launch flights to Xiamen and cities in India and Australia later this year, while flights to Brunei are expected to begin in the first half of next year. The budget carrier is also expected to secure another base in Asia sometime in 2008. Altogether, Tiger expects to have 70 aircrafts in service by 2015.
12/09/07 eTravelBlackboard - Asia Edition, Australia

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