Tigerair posts 3rd quarter A$15m loss

[a330j]

Tigerair records heavy losses

Financial returns on all airlines looking pretty sick according to the press, not just Tiger.

 

[pauly7]

Tigerair records heavy losses

Financial returns on all airlines looking pretty sick according to the press, not just Tiger.

More pain for VA

 

[Saab34]

It appears their expenses are way over revenue. I mean they have no issue filling aircraft, their yield has increased, gone of the days of $10 airfares.

Quite surprised that we haven't seen any sort of movement with Virgin now in control, I cant say I have seen any changes (routes, scheduling, product, marketing etc..).

 

[samh004]

Quite surprised that we haven't seen any sort of movement with Virgin now in control, I cant say I have seen any changes (routes, scheduling, product, marketing etc..).

The article suggests there have been,

The airline has launched several new routes in recent months including Melbourne-Coffs Harbour and Melbourne-Sydney-Alice Springs. It will also expand its presence on transcontinental routes in the lead-up to Christmas when it begins flights between Sydney and Perth.

 

[AdMEL]

The article suggests there have been,

The article does not appear to be correct! Whilst TT may be planning to fly MEL-CFS, they haven't started yet and you cannot yet purchase tickets!

SYD-CFS is a different story!

 

[VHOEJ]

Amazing this result has been largely ignored by the media. VA might save it but it will be a lot more short term pain with no assurances of long term gain.

 

[docjames]

No one really know how much short term cost they've pushed into the q3 so until VA reports it'll be a big unknown how ongoing this sort of loss will be.

 

[Hvr]

Well they're definitely not virgins losing money in the airline business.

 

[samh004]

The article does not appear to be correct! Whilst TT may be planning to fly MEL-CFS, they haven't started yet and you cannot yet purchase tickets!

SYD-CFS is a different story!

You expect the media in Australia to report correct aviation news?

 

[AdMEL]

You expect the media in Australia to report correct aviation news?

I don't expect the media to report anything correctly!