The Competition Commission of Singapore (CCS) has approved the two low-cost carriers’ strategic alliance, which will enable them to build on their existing interline agreements.
The approval of the alliance follows a thorough review by the CCS and enables Cebu Pacific and Tigerair to deepen cooperation for the Philippine and Singapore markets. In addition, Cebu Pacific and Tigerair have an existing interline cooperation as part of the alliance and the CCS approval allows both airlines to build upon the current arrangements.
With both carriers operating complementary networks, the strategic alliance provides greater connectivity to travellers. Cebu Pacific’s passengers, particularly from the Philippines, will be able to enjoy seamless connections onto Tigerair’s established network in South East Asia and India. Tigerair’s customers, on the other hand, will be able to select from Cebu Pacific’s extensive network in the Philippines and North Asia. The approval by the CCS creates greater potential for closer coordination on sales and schedules on relevant routes, which will offer customers more flight options at good value.
President and CEO of Cebu Pacific, Mr Lance Gokongwei said:
“Cebu Pacific’s strategic alliance with Tigerair allows both carriers to leverage on each other’s strengths and complementary networks. CEB offers the largest and most extensive network in the Philippines and Tigerair has an established network in South East Asia and India. With the clearance from CCS, our customers can enjoy more options and seamless travel connections.”
In response to the approval of the Strategic Alliance Agreement, CEO of Tigerair, Mr Lee Lik Hsin, said:
“We are very pleased to have been granted approval by the CCS which further strengthens the potential for collaboration. Tigerair has already been working closely with Cebu Pacific in areas such as the interline agreement. Going forward, we will look in greater depth on how we can combine both our resources to provide even greater connectivity, convenience and value to our customers.”