Singapore Air now has 90% of Tiger Air

[moa999]

Saw this article on CAPA detailing that Singapore Air now has over 90% of Tiger Air and will delist it, as well as potential for greater combination with Scoot (already 100% Singapore Air owned)..
Certainly increasing the pressure on Jetstar Asia, who don't do any longhaul flying from SIN (all the 787s are Australian based)

Singapore Airlines takeover bid of Tigerair succeeds. Tigerair-Scoot merger may be next | CAPA - Centre for Aviation

 

[casanovawa]

PIty, more competition and options is always good...

 

[Deleted member 6404]

Definitely, was hoping Scoot or Air asia would add Cairns to their list this year, here's hoping

 

[Moopere]

I thought that VA bought Tiger off SQ only about 2 years ago for some modest amount, like $1 or something ridiculous as part of some sort of overarching umbrella deal. whats going on here then?

SQ buying back into Tiger and merging (possibly) with scoot? Is anyone making any money here? I can't imagine it being the case with all these ownership shenanigans.

 

[AdMEL]

I thought that VA bought Tiger off SQ only about 2 years ago for some modest amount, like $1 or something ridiculous as part of some sort of overarching umbrella deal. whats going on here then?

SQ buying back into Tiger and merging (possibly) with scoot? Is anyone making any money here? I can't imagine it being the case with all these ownership shenanigans.

VA only bought the Australian Tiger business, which was always somewhat separate from the Sing Tiger business (and is now almost totally separate, other than using the name and SQ having a share in VA).

 

[moa999]

VA bought Tiger Australia off Tiger (Singapore) - which is the entity that SQ now has control of.

Tiger Sing has 25 aircraft, more than Jetstar Asia with 18.
Then Scoot with 12 777/788/789s

I think the only people who have done well to date are the passengers.