Sing Yew 1 Report post Posted August 2, 2010 From The Australian: SINGAPORE'S budget carrier Tiger Airways and Thai Airways will jointly launch a low-cost airline that is expected to start operations next year, they said in statement. Thai Tiger Airways will fly domestic and international flights from Suvarnabhumi International Airport in Bangkok, starting in the first quarter of 2011. Thai Airways and another Thai entity will hold 51 per cent in the airline with the remaining 49 per cent under Tiger Airways. No details were given on the investment cost for the new budget carrier but the two partners will be holding a media conference call later today after signing the memorandum of understanding. Thai Airways said the venture would allow it to beef up its presence in the fast-growing budget travel market in Asia. "With its disciplined approach to the low-cost model, Tiger Airways has proven that it has the right approach to competing effectively in the growing low fare travel market in Asia," said Thai Airways president Piyasvasti Amranand. "We believe that this move will provide revenue opportunities for Thai (Airways) and allow Thai (Airways) to be more competitive in the region with the anticipated growth in the low cost market...which we expect will lead to growth in air travel in the Asian market." Tiger Airways, partly owned by national carrier Singapore Airlines, has rapidly expanded its route network in the Asia Pacific region since establishing operations in 2004. The carrier flies to 37 destinations in 11 countries and has a fleet of 19 Airbus A320s, with plans to expand to 68 planes by December 2015. Link Share this post Link to post Share on other sites
Y. J. Foo 0 Report post Posted August 2, 2010 Doesn't TG already operating its own LCC aka Nok Air? What'll happen to them? Share this post Link to post Share on other sites
Andi C 0 Report post Posted August 2, 2010 Doesn't TG already operating its own LCC aka Nok Air? What'll happen to them? The 'Tiger' will eat the 'Bird' (Nok = Bird, in Thai language) Share this post Link to post Share on other sites
Pieter C. 5 Report post Posted August 2, 2010 Surprising, to say the least... Guess, it will be the end for NOK and 737's will return to TG... Share this post Link to post Share on other sites
Tamizi Hj Tamby 1 Report post Posted August 4, 2010 From wikipedia,the LCC will be known as Thai Tiger Airways. Thai Tiger Airways-Wikipedia Share this post Link to post Share on other sites
Johan Z 0 Report post Posted August 4, 2010 I hope Thai Tiger is better than Australian Tiger. Share this post Link to post Share on other sites
Prompong J. 0 Report post Posted August 4, 2010 Nok still operate & Thai-Tiger is new fighting brand for AirAsia group Share this post Link to post Share on other sites
Tamizi Hj Tamby 1 Report post Posted August 5, 2010 Nok still operate & Thai-Tiger is new fighting brand for AirAsia group Thanks for the info above,Prompong. Share this post Link to post Share on other sites
Waiping 12 Report post Posted August 5, 2010 It's a jungle up there. Share this post Link to post Share on other sites
flee 5 Report post Posted August 5, 2010 Thai Tiger: Thai Airways puts the Tiger among the pigeons. Regional liberalisation the likely winner Thai Airways and Tiger Airways are to form a joint venture, “Thai Tiger”, to operate international and domestic Thailand domestic point-to-point services. The new JV, to be owned 51:49 by Thai Airways and another "Thai entity", raises the bar in low cost airline operations competition in Asia and could have a major impact on the pace of airline liberalisation in the region. Until now, the Thai government has been highly protective of its flag carrier and has been threatening to drag the chain on the ASEAN multilateral timetable for moving towards open skies for Southeast Asian airlines. This position could now soften, as high cost Thai Airways will have the opportunity to meet competition on a more equal footing. Some of this competition comes from AirAsia’s JV, Thai AirAsia, as well as from its own JV in low cost airline Nok Air (in which Thai currently holds a 39% stake). According to a Tiger/Thai Airways media release this morning, the new airline is to be based in Bangkok, operating “international and domestic flights out of Suvarnabhumi International Airport offering short-haul, point-to-point services within a 5-hour flying radius.” The agreement has clearly been consummated quickly in the last few hours, as a hastily arranged media conference is to be called later this morning. Tiger is due to report later this week and would have been keen to have the announcement out in the open in advance. In the media release, Thai President, Mr. Piyasvasti Amranand, was personally quoted as saying, "we are pleased to partner with Tiger Airways in establishing Thailand's newest airline, Thai Tiger. With its disciplined approach to the low-cost model, Tiger Airways has proven that it has the right approach to competing effectively in the growing low fare travel market in Asia. For people in Thailand and the region, our launching Thai Tiger will mean that in addition to the global network of premium services operated by THAI, more people will have access to new low fare, point to point services, giving a big boost to tourism and employment.” Full article: http://www.centreforaviation.com/news/2010/08/02/thai-tiger-thai-airways-puts-the-tiger-among-the-pigeons-regional-liberalisation-the-likely-winner/page1 Share this post Link to post Share on other sites
alberttky 0 Report post Posted September 17, 2011 SINGAPORE: Fresh doubts have emerged over Tiger Airways' plans to form a budget carrier with Thai Airways. According to reports, the chairman of Thai Airways told reporters on Friday he may let the memorandum of understanding (MOU) between the two carriers lapse. He was speaking following a board meeting of Thailand's national airline. Last year, both parties formed an alliance to operate a new budget carrier, Thai Tiger. But that plan has been delayed, pending approval from the transport ministry. The MOU is set to expire next month. Thai Airways is already planning a new regional airline, called Thai Smile, which may replace the partnership. It is expected to take off from July next year. However, a Tiger Airways spokesperson told Channel NewsAsia there are no changes in the status of the project and discussions on the project will continue. http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1153657/1/.html Share this post Link to post Share on other sites
alberttky 0 Report post Posted September 19, 2011 Thai Airways will not extend LCC contract JV with Tiger Airways Thai Airways will not extend its budget airline contract, which will expire in Oct-2011, with Tiger Airways Holdings Ltd, effectively terminating their alliance, according to chairman Ampon Kittiampon. According to a Bangkok Post report, Mr Kittiampon stated Thai's planned new regional airline, Thai Smile, would help replace the Tiger alliance. http://www.centreforaviation.com/news/thai-airways-will-not-extend-lcc-contract-jv-with-tiger-airways-120438 Share this post Link to post Share on other sites
Isaac 0 Report post Posted September 19, 2011 (edited) Thai Airways will not extend LCC contract JV with Tiger Airways Thai Airways will not extend its budget airline contract, which will expire in Oct-2011, with Tiger Airways Holdings Ltd, effectively terminating their alliance, according to chairman Ampon Kittiampon. According to a Bangkok Post report, Mr Kittiampon stated Thai's planned new regional airline, Thai Smile, would help replace the Tiger alliance. http://www.centreforaviation.com/news/thai-airways-will-not-extend-lcc-contract-jv-with-tiger-airways-120438 Yet another confused airline in this part of the world But at least they are profitable most of the time Edited September 19, 2011 by Isaac Share this post Link to post Share on other sites
alberttky 0 Report post Posted October 24, 2011 Thai Airways plans to establish ultra low cost carrier Thai Airways reportedly plans to establish an 'ultra low cost carrier' in addition to the Thai Smile LCC unit which is scheduled to commence operations from Jul-2012, according to an AFP report. Thai Airways president Piyasvasti Amranand gave no timetable for the launch, but said, "we still need to capture the very low end of the market". Meanwhile Tiger Airways CEO Chin Yau Seng stated Tiger is still interested in establishing a JV LCC in Thailand with Thai Airways, according to a Straits Times report. http://www.centreforaviation.com/news/thai-airways-plans-to-establish-ultra-low-cost-carrier-125404 Share this post Link to post Share on other sites
BC Tam 2 Report post Posted October 24, 2011 Wow, ULTRA low cost now These niche marketing practices are starting to get a bit ..... well, interesting Share this post Link to post Share on other sites
alberttky 0 Report post Posted October 24, 2011 Wow, ULTRA low cost now These niche marketing practices are starting to get a bit ..... well, interesting Maybe it'll come with rotan chairs. Share this post Link to post Share on other sites
KK Lee 5 Report post Posted October 24, 2011 Believe 744 CASK can be lower than A320 and demand on BKK-HKT and BKK-CNX is enough for double daily 744 frequency. Share this post Link to post Share on other sites