Tiger Airways to purchase further 8 new Airbus A320 aircraft

Tiger Airways has confirmed a further aircraft purchase for eight new Airbus A320 Aircraft worth more than US$500 million at list prices.

This latest purchase will give Tiger Airways the ability to expand its fleet to 20 aircraft by 2010. The first A320 aircraft from this order will join the fleet in 2008 whilst the other aircraft will arrive in 2009 and 2010. Tiger Airways currently has seven A320 aircraft in service with two more new A320 aircraft arriving before the end of 2006 and a further three being delivered in 2007. With the additional aircraft, Tiger Airways will become one of the largest operators of the Airbus A320 in Asia and will have one of the region’s fastest growing fleets.

All Tiger Airways’ A320s are configured in a 180 seat single class configuration.

“Tiger Airways has seen tremendous growth in the past year, with passenger numbers increasing in the first six months of this financial year by more than 70%. Consumers across Asia are asking for more and more affordable flights and these additional new aircraft will enable Tiger Airways to respond positively to these demands,” said Tiger Airways CEO Tony Davis.

“This significant order for additional aircraft represents a strong endorsement of our pure low fare, low cost business model which is used by other successful low fare airlines such as Ryanair. We would like to acknowledge the support of our many customers who have supported us by flying Tiger Airways as their first choice of low fare airline,” added Davis.

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