Tigerair Taiwan will cease to use the Tigerair website as its sales and distribution platform within 12 months of the divestment, according to Deal Street Asia.
Singapore’s Tiger Airways has sold its 10% stake in Tigerair Taiwan to China Airlines while it focuses on brand integration with fellow low-cost carrier Scoot.
Tigerair Taiwan will cease to use the Tigerair website as its sales and distribution platform within 12 months of the divestment, according to Deal Street Asia.
Budget Aviation Holdings (BAH), which owns and manages Tigerair and Scoot, recently announced its intention to operate both companies under a common “Scoot” brand and a common operating licence by the second half of 2017.
BAH is a wholly-owned subsidiary of Singapore Airlines Group (SIA).
“Notwithstanding the divestment of Tigerair Taiwan, we will maintain an active presence in Taiwan with the combined network of Scoot and Tigerair,” said BAH chief executive Lee Lik Hsin
Both Scoot and Tigerair are part of Value Alliance, the pan-regional low-cost carrier alliance.