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Scene set for Tiger Airways' decisive turnaround: CEO

Lee Lik Hsin also sees future sustainable growth as budget carrier can benefit from SIA's scale and connectivity

Angela Tan
Published Tue, Jul 14, 2015 · 09:50 PM

Singapore

THE integration with the Singapore Airlines (SIA) group is the key element "for a decisive turnaround and also for future sustainable growth" of Tiger Airways, said Lee Lik Hsin, chief executive of the budget carrier.

In his CEO statement in Tiger's Annual Report 2015 for the financial year ended March 31 (FY15), Mr Lee - a 20-year veteran of SIA before becoming the CEO of Tiger in May 2014 - said Tiger can benefit from the national carrier's scale and connectivity, now that SIA has taken over control with a higher stake of 55.8 per cent.

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