Capitalising on the completion of 5 years of operations in India with a flight load factor of over 80% across all the six destinations it operates in, Singapore-based budget carrier Tiger Airways has come out with a price war in India and Singapore segments with an offer fare of R2,700 or $50 (inclusive of all taxes) for Indian customers who seek to fly between June and December 2013.
The offer opened on Wednesday for a period of one week (closes on March 13). The normal fare between an Indian destination to Singapore will range from R7,000 to R8,000 based on the demand in the aircarrier. The company is also in talks with domestic air carriers such as Spicejet, IndiGo, GoAir among others to work out a feasibility study on how to exploit each others strengths across Asia-Pacific region, including network, distribution, cost advantage and local network connectivity, said Kaneswaran Avili, commercial director, Tiger Airways.
He told FE: “We have initially under-estimated the huge potential of India. Tiger Airways could able to post a healthy load factor of over 80% across six destinations it operates to Singapore, including Chennai, Bengaluru, Kochi, Trivandrum, Hyderabad, Kochi and Trichy.”