SUBSCRIBERS

Mandala planes - Tiger Airways weighs options

Aircraft set to return to the group from loss-making associate

Nisha Ramchandani
Published Mon, Jun 23, 2014 · 10:00 PM
Share this article.

TIGER Airways is considering all its options regarding the four aircraft set to return to the group, with loss-making associate Tigerair Mandala being grounded permanently from next month.

Tiger's chief corporate services officer Xavier Lim, not ruling out sub-leasing the aircraft, said: "We will be discussing with Tigerair Mandala how we can make use of the aircraft, but that's still being assessed."

Noting that the region's budget carriers have been struggling with a capacity overhang, he added: "The announced results by the various airlines show that there's clearly overcapacity in t…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here