Tiger's tough fight in airlines jungle

Sydney: Tiger Airways has lost its second chief financial officer in less than two years, amid speculation that the Singapore Airlines-backed low-cost carrier is also struggling to retain staff in Australia, only four months after it launched services out of Melbourne.
The airline confirmed on Friday that its Melbourne-born CFO, Peter Negline, had resigned because he wanted to "do his own thing" after eight months in the job.
"Perhaps he found that this was not the job for him and he wants to try something different," a Tiger spokesman told Singapore's Business Times.
The move has also raised questions of whether there are serious differences between Tiger chief executive Tony Davis and his management team over the airline's direction.
There are also questions over whether Tiger has stretched its relatively small fleet of 12 Airbus A320 jets too thinly across its 31 destinations in Australia, South East Asia, India and China.
The state of credit markets has also raised speculation about aircraft lessors and whether they will be willing to lease more planes to an airline that wants to pursue aggressive expansion in Australia and Korea, where it will almost certainly encounter heavy losses.
31/03/08 Scott Rochfort/The Age, Australia

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Categories: Foreign Mar 2008, Low Cost General Mar 2008