Budget carrier Tigerair could be ‘shut down’ by Virgin Australia, says major investor

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jakeseven7

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The future of one of Australia’s major airlines is up in the air, with industry chatter growing louder that the aviation brand could be axed.

Virgin Australia may be forced to shut down its Tigerair low-cost offshoot to stem its bottom line losses and turn the parent company around, an investment manager has said.
Last month, Virgin Australia’s newly minted chief executive officer announced cutbacks to both its Virgin and Tigerair routes and a reduction in its fleet.



Virgin still denying this - but interesting speculation about a 'Virgin Light' possibility.... maybe a Resurrection of Virgin Blue??


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Given that the VA business model is now to compete with both QFd and JQd, there would be no need to continue with TT anyway.
Tigerair has such a poor reputation, closing the brand is a good idea (IMHO).
 
The major investor saw into the future...
 
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