< Reveal sidebar

A Tigerair Taiwan A320 parked at a remote stand at Taoyuan Airport. (Photo: AirlineGeeks

Tigerair Taiwan Adding 15 New Airbus A320neo to Fleet

Low-cost carrier Tigerair Taiwan will be leasing eight Airbus A320neo aircraft and buying another seven. The leases and acquisitions are part of the Taiwanese carrier’s plan to develop new routes out of Taiwan and meet growing market demand for low-cost travel in the Asia Pacific region.

According to parent company China Airlines, Tigerair Taiwan will spend 729 million dollars to acquire the 15 narrowbody jets. Currently, the low-cost carrier operates a total of 11 Airbus A320-200s flying to 25 destinations in China, Japan, Macau, Philippines, South Korea and Thailand from Taipei, Taichung and Kaohsiung.

In addition, China Airlines will soon be launching its first-phase initial public offering of Tigerair Taiwan shares beginning the fourth quarter of 2020. Currently, China Airlines holds 90 percent of Tigerair Taiwan shares, while the rest remain with its affiliate, Mandarin Airlines.

Last year alone, Tigerair Taiwan generated 32 million dollars in profit and is currently the most profitable unit under China Airlines.

Earlier this year, China Airlines announced an intent to lease 25 A321neo aircraft for its own fleet to upgrade its regional narrowbody fleet, replacing aging Boeing 737-800s. Both carriers will complete separate contracts for Airbus jet purchases later this year.

Albert Kuan
Albert Kuan
Related Stories

VivaAerobus Receives First Airbus A321neo

VivaAerobus took delivery of its first Airbus A321neo in a low-key delivery ceremony on July 1. According to Aerolatinnews, the…

British Airways Takes Delivery of First 787-10

British Airways accepted delivery of its’ first 787-10 over the weekend, the first of the “Dash 10” model for the…

China’s Three Major Airlines Receive First COMAC ARJ21 Aircraft

China's three largest airlines — Air China, China Eastern Airlines and China Southern Airlines — took delivery of COMAC's ARJ21…