Tiger selects Sydney as second base in Australia

Tiger Australia will begin operations in Sydney starting from early Jul 2012.

Tiger Airways (TGR) this morning announced that its Australian operations have selected Sydney to be its second base in Australia. Tiger Australia is currently utilising seven aircraft out of Melbourne and has three aircraft in coldstorage.

“With the expected lifting of flying restrictions in Australia later this year, the second base in Sydney should help Tiger Australia to ramp up its utilisation of aircraft,” said Eric Teo of OCBC Investment Research.

Mr Teo cautioned though that the aviation sector is currently facing strong headwinds due to high jet fuel prices and uncertain global economy.

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