SIA network widens with Tigerair acquisition

SIA passengers could find themselves connecting to destinations offered by Tigerair, as SIA finally brings Tigerair into its fold. SIA, which has been trying to acquire and delist Tigerair for some time, met the threshold for complete acquisition of the carrier last Friday. The group now owns, controls or has agreed to acquire over 95.6% of Tigerair, group CE Goh Choon Phong said Tuesday. With the acquisition of Tigerair, SIA adds it to a stable that already includes SilkAir and Scoot along with the parent carrier itself. "With all these 4 vehicles, we have basically covered the full spectrum of travel segments," Goh said. "We will be able to provide the right vehicle for anyone on any sort of budget or destination." SIA announced its intention to take over and delist Tigerair last November. <br/>
Nation
http://www.nationmultimedia.com/business/Singapore-Airlines-network-widens-with-Tigerair-ac-30280604.html
3/3/16
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