Tigerair passengers up 19 pct in January

Posted at 02/17/14 6:51 PM

MANILA, Philippines – Tiger Airways Philippines said it saw an almost 19 percent increase in its passenger volume in January.

The airline’s operating statistics showed that Tigerair flew 134,000 passengers in January, or 21,000 more compared to last year’s figure of 113,000 passengers.

Tigerair Philippines president and chief executive officer Olive Ramos, meanwhile, said the Philippines posted a load factor of 82.6 percent in January 2014 compared to 70.3 percent in January 2013.

The Philippine unit booked the highest load factor compared to Tigerair Singapore and Tigerair Mandala, Ramos said.

“In terms of the load factor, Philippines consistently achieve the highest among three cubs of Tigerair,” she said.

Tigerair Singapore booked a passenger load factor of 71.6 percent while Tigerair Mandala posted a load factor of 68.7 percent in January.

Tigerair Philippines recently entered into a strategic alliance with Cebu Pacific for $15 million (around P665 million), creating Asia's largest budget airline network to and from the Philippines.