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Tigerair Taiwan

Tigerair Taiwan
Tigerair.svg
IATA ICAO Callsign
IT TTW SMART CAT
Founded 2013
Commenced operations 26 September 2014
Hubs Taiwan Taoyuan International Airport
Fleet size 9
Destinations 13
Parent company China Airlines (80%)
Headquarters

No3., Alley 123, Lane 405, Tunghwa N. Rd., Taipei,
10548. Taiwan

Key people Kwan Yue (CEO)
Website [1]

No3., Alley 123, Lane 405, Tunghwa N. Rd., Taipei,
10548. Taiwan

Tigerair Taiwan (Chinese: 臺灣虎航; pinyin: Táiwān Hǔháng) is a low-cost carrier (LCC) based at Taiwan Taoyuan International Airport. The airline currently has seven aircraft and will expand its fleet to 12 aircraft by 2016. It was the first Taiwan-based LCC to start operations and currently the only one of the two LCCs in Taiwan still flying (V Air of Transasia Airways discontinued operations at the end of September 2016). It was formed as a joint venture between China Airlines Group and Budget Aviation Holdings. China Airlines holds 80 percent of the share while Budget Aviation Holdings and Mandarin Airlines each hold 10%. In 2017, as Tigerair Singapore merged into Scoot, CAPA reports that China Airlines will buy another 10% from Budget Aviation Holdings, leaving both China Airlines and Mandarin Airlines owners of the airline.

Taiwan was the last major market in Asia to not have a low-cost carrier (LCC). In early 2013, China Airlines and Transasia Airways became the first Taiwanese carriers to express interests in forming LCCs. The further reduction in entry barriers by the Civil Aeronautics Administration made it favorable for the creation of LCCs.

In October 2013, China Airlines chairman Sun Hung-Hsiang announced that the airline was in talks with a foreign LCC to start a LCC based in Taiwan. The partnership was made public in December 2013 when China Airlines created a new joint venture with Singaporean low cost carrier Tigerair to establish Tigerair Taiwan. As part of the deal, China Airlines would hold a 90 percent share in the new carrier while Tiger Airways Holdings hold the other 10 percent. In March 2014, China Airlines subsidiary Mandarin Airlines took over 10% of its parent company's share in Tigerair Taiwan.


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