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Economy

Singapore's Tiger Airways plans budget airlines for Mongolia

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Tuesday, 06 November 2007 04:41 Last Updated on Tuesday, 06 November 2007 04:43

Tiger Airways has announced plans to bring budget air travel between Ulaanbaatur and other Asian cities. 

Tiger Airways is the budget airline unit of Singapore Airlines. It is partnering in this plan with the Incheon, Korea city government, which runs South Korea’s largest airport, Incheon International Airport serving Seoul. 

The new airline will be called Incheon Tiger Airways and will directly complete with Korean Air Lines. 

``We are poised to be in a strong position to tap emerging travel trends in the region,'' Tony Davis, Tiger's chief executive officer, said in the statement.  

Incheon Tiger Airways has predicted carrying two million passengers in its first year, Davis told reporters at a press conference. In its first phase of operating, the carrier will sell to the domestic Korean market and, later, will expand into Asia, Russia and Mongolia, he said. 
 
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