Photo Release: THAI and Tiger Airways to launch "Thai Tiger" new Low Fare Airline in Bangkok

Thai Airways International Public Company Limited (THAI) and Tiger Airways Holdings Limited announced the signing of a Memorandum of Understanding to form a new low fare airline called Thai Tiger Airways Private Limited. The new airline will operate the same low fare, low cost model as the other airlines in the Tiger Airways Group, and is expected to commence operations in the first quarter of 2011, pending regulatory approvals. Thai Tiger will be based in Bangkok, operating international and domestic flights out of Suvarnabhumi International Airport offering short-haul, point-to-point services within a 5-hour flying radius. The route network and further information on the corporate structure will be announced in due course. Mr. Piyasvasti Amranand (left), THAI President and Mr. Tony Davis (right), Tiger Airways Group President and CEO, Mr. Raymond Kwan (second from left), Tiger Airways Holdings Limited, Head of Planning & Investor Relations, Mr. Chin Sak Hin (third from left), Tiger Airways Holdings Limited, Chief Finance Office, Mr. Piyasvasti Amranand (fourth from left), THAI President, Mr. Tony Davis (fourth from right), Tiger Airways Group President and CEO, Mr. Chokchai Panyayong (third from right), THAI Executive Vice President, Strategy & Business Development Department, Mr. Teerapol Chotichanapibal (second from right), THAI acting Executive Vice President, Commercial Department. Click for photo release at www.thaipr.net

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