Tiger Airways Mulls IPO Next Year

[I_hv_adream]

By COSTAS PARIS
SINGAPORE — Singapore low-cost carrier Tiger Airways is considering an initial public offering of at least $500 million some time next year, a person familiar with the situation said.

"At this time they are considering a $500 million minimum, but it could change. They have the agreement of shareholders. They need to fund their expansion in Australia and the purchase of new planes," the person said, adding that Tiger Airways is considering listing 30% of its share capital.

Tiger Airways, which is 49%-owned by Singapore Airlines Ltd., is one of the biggest budget carriers in Southeast Asia flying to 25 destinations in Asia and Australia.

"Tiger Airways is continually considering options for funding the future growth of the company," a Tiger Airways spokesman said.

"An IPO is one option the shareholders might consider."

At this time no firm decision has been made, but the company continues to review its various strategic options, the spokesman said.

Write to Costas Paris at [email protected]

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[johnny333]

So many airlines out there with a better track record than Tiger

Why would anyone want to invest in Tiger

 

[Ramseth]

Tiger Airways IPO? I'll look out and short sell it like hell from first minute on board. It's the worst airline I've ever taken before.

 

[Char_Azn]

So many airlines out there with a better track record than Tiger

Why would anyone want to invest in Tiger

Tiger is a F**k up airline, however it doesnt mean that it won't make money. Cheapos who wants to go for cheapest will choose Tiger coz its the cheapest of the 3 major budget airline here(simply coz they use budget terminal).

 

[oli9]

Tiger is a F**k up airline, however it doesnt mean that it won't make money. Cheapos who wants to go for cheapest will choose Tiger coz its the cheapest of the 3 major budget airline here(simply coz they use budget terminal).

Atcually, Tiger being the cheapest is not true. I did a fare comparison between Tiger & Jetstar to KL & Penang. The only difference is the flight timing & the fares. It seems that Jetstar is even cheaper than Tiger. And add to it, Tiger boast of a very persistent unreliable flight schedule & a non existense customer service.
Now, which sane person still thinks Tiger is the cheapest?

 

[Char_Azn]

Atcually, Tiger being the cheapest is not true. I did a fare comparison between Tiger & Jetstar to KL & Penang. The only difference is the flight timing & the fares. It seems that Jetstar is even cheaper than Tiger. And add to it, Tiger boast of a very persistent unreliable flight schedule & a non existense customer service.
Now, which sane person still thinks Tiger is the cheapest?

If you dun include tax, jetstar cheaper. If you want to compare prices, you need to make sure you choose until U get the payment screen for jetstar flights. Jetstar website don't give you the full price until you get to the payment screen. Trust me, 99% of the time, Tiger will be cheaper. However I'll much rather pay that little bit extra just to avoid Tiger

 

[halsey02]

If you dun include tax, jetstar cheaper. If you want to compare prices, you need to make sure you choose until U get the payment screen for jetstar flights. Jetstar website don't give you the full price until you get to the payment screen. Trust me, 99% of the time, Tiger will be cheaper. However I'll much rather pay that little bit extra just to avoid Tiger

So far I have trusted AIRASIA, ever since its inception, of late...they are stretching it too much....is showing signs that, expansion is eating into the service...recently, for the 1st time, in so many years of travelling on Airasia, I had my flght back to SINgapore, rescheduled by 3 hrs...we were given food vouchers...but being in Malaysia...the food, nothing to shout about anyway...

Airasia is still ok...but it is strecthed too much of late...:p

 

[johnny333]

Tiger is a F**k up airline, however it doesnt mean that it won't make money. Cheapos who wants to go for cheapest will choose Tiger coz its the cheapest of the 3 major budget airline here(simply coz they use budget terminal).

With Tiger Airs notorious reputation don't know why anyone would choose to fly with them

Cheap & good doesn't apply here & even Sporeans will boycott them.

I did take Tiger when it first started. Back then it flew from T1, gave passengers a drink, had tickets with seat numbers,.. However I always had problems with their booking web page because I used a Mac. It took them forever to fix the problem. I did complain to them about the problem but I guess they had better things to do

Anyway I have been using Airasia to fly to LOS & seen them improve.
They use T1 & not the dreaded Budget Terminal . With stories of how passengers are treated at the Budget Terminal, that alone is a disincentive to even consider flying Tiger.

 

[TeeKee]

there should be more competition in the budget short haul airlines industry.....

then Tiger won't be so yah yah as to ignore their customers...

 

[tonychat]

With Tiger Airs notorious reputation don't know why anyone would choose to fly with them

Cheap & good doesn't apply here & even Sporeans will boycott them.

I did take Tiger when it first started. Back then it flew from T1, gave passengers a drink, had tickets with seat numbers,.. However I always had problems with their booking web page because I used a Mac. It took them forever to fix the problem. I did complain to them about the problem but I guess they had better things to do

Anyway I have been using Airasia to fly to LOS & seen them improve.
They use T1 & not the dreaded Budget Terminal . With stories of how passengers are treated at the Budget Terminal, that alone is a disincentive to even consider flying Tiger.

I think you underestimate the sinkieness of sinkies in sinkieland. You should open your eyes bigger.

 

[popdod]

What is Tiger Airways intrinstic value??

They'd been receiving alot of bad press/ feedbacks recent years.
Abandon their customers when in need.
Last minute cancellation of flights.


Next pls.

:o :( :o

 

[johnny333]

S I had my flght back to SINgapore, rescheduled by 3 hrs...we were given food vouchers...but being in Malaysia...the food, nothing to shout about anyway...
:p

That happened to me once 3 years ago in LOS on a flightk to Spore. I think it was a mechanical problem with the plane.

I now try to avoid evening flights if possible, otherwise would reach Spore after 12am & would have to pay those Spore cabs 50% surcharges :(

 

[tonychat]

What is Tiger Airways intrinstic value??

They'd been receiving alot of bad press/ feedbacks recent years.
Abandon their customers when in need.
Last minute cancellation of flights.


Next pls.

:o :( :o

Sorry to say, they have none. This type of airline is for those who go through great length just to save 5 cents and do not mind even being screwed.

This airline can only survive when majority of the people behave like that. and true enough in sinkieland. Guess what sort of behavior is this call?

 

[johnny333]

They'd been receiving alot of bad press/ feedbacks recent years.
Abandon their customers when in need.
Last minute cancellation of flights.

Sporean want cheap AND GOOD.

If Tiger is not reliable then I doubt it will be popular with Sporeans. Can see this with SBS & SMRT

The only reason I might consider taking Tiger is for flights to Autralia but then I've NEVER been to Australia