06 Jul '11, 2pm

Tiger Airways Australia CEO to leave, flight ban till Aug 1

SINGAPORE : Australia's air safety regulator is seeking to keep Tiger Airways grounded until August 1, which the airline said it will not oppose. Analysts said it will cost the carrier S$30 million in loss of ticket sales, refunds and other costs for the 30-day suspension period. The Civil Aviation Safety Authority has applied for a court order to continue the suspension as its investigations could not be completed in time. Following that, Tiger said its Australia's CEO, Crawford Rix, will leave the company at the end of July, and will be replaced by Tony Davis, the CEO of the airline's parent company, Tiger Airways Holdings. Mr Davis' former responsibilities will be carried out by Mr Chin Yau Seng, who is an executive director of Tiger Airways Holdings and the ex-CEO of Silkair, Singapore Airlines (SIA) regional arm. In a statement, Tiger said that it "remains committed t...

Full article: http://www.channelnewsasia.com/stories/corporatenews/view...

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