Tiger Airways advances delivery of new aircraft
Singapore, 1 June 2010: Tiger Airways has advanced the delivery of a further two new Airbus A320 aircraft from the next financial year to the current financial year ending 31 March 2011.
Tony Davis, President and Group CEO of Tiger Airways Holding Limited, said, “As additional delivery positions have become available, presumably as other airlines have postponed some of their aircraft deliveries, we have seized the opportunity to advance delivery of two new aircraft into our fleet. With a newer, younger fleet, we will realize greater operational and cost efficiencies, further reducing our operating costs and enabling us to continue offering the lowest fares possible” said Tony Davis.
The total number of aircraft being delivered in this financial year will now increase to 9, resulting in an increase in total fleet of at least 37% by March 2011.
The airline expects to return two existing aircraft when their lease expires in the 4th Quarter of this financial year.