31 Oct '11, 10am

SIA, Tiger Airways to benefit from Qantas woes: Analysts

SIA, Tiger Airways to benefit from Qantas woes: Analysts

Singapore Airlines (SIA) and budget carrier affiliate Tiger Airways are likely to increase its market share at the expense of Qantas Airways which is locked in a fight with labour unions, analysts said on Monday. -- PHOTO: AFP SINGAPORE (REUTERS) - Singapore Airlines (SIA) and budget carrier affiliate Tiger Airways are likely to increase its market share at the expense of Qantas Airways which is locked in a fight with labour unions, analysts said on Monday. They said the dispute, which resulted in the Australian flag carrier grounding all its aircraft over the weekend before resuming service on Monday, affecting nearly 70,000 passengers, will hurt the Qantas brandname and drive passengers to other carriers, with SIA among the main beneficiaries. Qantas competes with SIA on routes linking Australia's major cities and Singapore, and from Singapore to various European cities ...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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