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Australia: Tiger airlines struggling in stiff domestic competition

By  |  January 24, 2013

Tiger Australia airline has reported third-quarter losses and subsequently blamed those losses on what it describes as stiff competition in the domestic market; analysts say this is an “ominous sign” for the rest of Australia’s airlines. Tiger reported a $10 million loss. The airliner has also warned that the competition will likely keep earnings low and place pressure on yields, the returns made from fares. Australia has four leading airlines, and fares have reportedly been kept low due to the competition.

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