Tigerair Australia Announces Bankruptcy

( Sydney, 12nd Sept 2020 ) After the epidemic has caused serious setbacks in the tourism and aviation industries, the low-cost airline Tigerair Australia, which has operated for 13 years, has officially announced its bankruptcy.

Passengers with Tigerair Australia travel points will be able to use these points on Virgin Australia flights.

In August of this year, Virgin Australia confirmed in its stock market announcement that it would stop providing budget for its subsidiary Tigerair Australia. Prior to this, Virgin Atlantic was on the verge of bankruptcy due to the epidemic.

Competitor Jetstar, a subsidiary of Qantas, is Australia's only surviving low-cost airline.

Virgin Australia President Skura said before: “The demand for domestic and short-distance international travel may take at least three years to return to the level before the epidemic, and the actual recovery time may be longer.

News source: Lianhe Zaobao

**Info & Image are taken online