|SIA's Scoot - A Trojan Horse for Tiger Airways?|
Monday, 21st November 2011
Source : Martin Kelly
Further bad news on Tiger Airways – its Australian operations lost more then $20m in the 2nd quarter - combined with the launch of no-frills carrier Scoot by part-owner Singapore Airways prompts a subversive thought.
Is SQ launching Scoot as insurance for the damaged Tiger?
The scenario could be if Tiger continues to fail , its Australian operation is shut down and Scoot – a clean new brand 100% owned by one of the world's most admired airlines – fills the void in a market that Singapore Airlines has long coveted.
Makes a nice conspiracy theory don't you think. But it also makes sense because there's now no question that the Tiger Airways brand is damaged beyond repair in Australia.
Tiger, which has lost $110m since setting up in Australia four years ago, will always carry the taint of failure and the poor management that saw its fleet grounded for six weeks by the Civil Aviation Safety Authority, leading to the recent heavy loss.