September 26, 2016 7:32 PM ET

Airlines

Company Overview of Tiger Airways Australia Pty Limited

Company Overview

Tiger Airways Australia Pty Limited provides scheduled air transportation services. The company also provides ancillary services, including passenger carriage and other related services. It operates approximately 14 A320 aircrafts in 18 routes to 11 destinations in Australia under the tigerair Australia name. The company is based in Melbourne, Australia. Tiger Airways Australia Pty Limited is a subsidiary of Virgin Australia Holdings Limited.

Building 166

1-5 Grants Road

Melbourne Airport

Melbourne, VIC 3045

Australia

532 Employees

Key Executives for Tiger Airways Australia Pty Limited

Chief Executive Officer
Compensation as of Fiscal Year 2016.

Tiger Airways Australia Pty Limited Key Developments

Tigerair Australia Reports Unaudited Standalone Earnings and Operating Results for the First Quarter Ended September 30, 2015

Tigerair Australia reported unaudited standalone earnings and operating results for the first quarter ended September 30, 2015. For the quarter, the company reported EBIT of $0.4 million, an improvement of $20.2 million compared with the prior corresponding period. This result was driven by significant improvements in unit revenues and cost efficiencies. For the quarter, on domestic basis, the company reported revenues passengers of 965,159 compared with 900,561 for the same period a year ago. Revenue passenger kilometres were 1,177 million compared to 1,127 million a year ago. Available seat kilometers were 1,374 million compared with 1,250 million for the same period a year ago. Revenue load factor was 85.6% compared with 90.2% for the same period a year ago.

Tiger Airways Australia Pty Ltd. Announces Consolidated Earnings Results for the Period from October 17, 2014 to December 31, 2014 and Standalone Earnings Results for the Half Year Ended December 31, 2014

Tiger Airways Australia Pty Ltd. announced consolidated earnings results for the period from October 17, 2014 to December 31, 2014 and standalone earnings results for the half year ended December 31, 2015. For the period from October 17, 2014 to December 31, 2014, the company reported earned revenue of $75.5 million. statutory profit before tax of $1.5 million. For the half year, the company reported earned revenue of $205.5 million. Statutory loss before tax was $24.8 million.

Tiger Australia Announces Standalone Earnings and Operating Results for the Second Quarter Ended December 31, 2014

Tiger Australia announced standalone earnings and operating results for the second quarter ended December 31, 2014. For the quarter, on stand-alone basis, the company announced an underlying profit before tax of $0.5 million, an improvement on an underlying loss of $15.5 million in the prior corresponding period. This result was driven by both improved unit revenues and greater cost efficiencies and represents the first quarterly profit for the airline since December 2010. For the quarter, the company announced revenue passengers of 947,057 compared to 805,226 for the same period a year ago. Revenue passenger kilometres were 1,170,000 compared to 960,000 for the same period a year ago. Available seat kilometres were 1,353,000 compared to 1,112,000 for the same period a year ago. Revenue load factor was 86.5% compared to 86.3% for the same period a year ago.

Recent Private Companies Transactions

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