Tigerair and Cebu Pacific said their strategic alliance agreement to deepen cooperation for the Singapore and Philippine markets has been approved by the Competition Commission of Singapore (CCS).
“CEB’s strategic alliance with Tigerair allows both carriers to leverage on each other’s strengths and complementary networks,” said Lance Gokongwei, president and CEO of Cebu Pacific.
He explained: “CEB offers the largest and most extensive network in the Philippines and Tigerair has an established network in Southeast Asia and India. With the clearance from CCS, our customers can enjoy more options and seamless travel connections.”
For his part, Tigerair CEO 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,” Lee added.
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.
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 travelers.
Cebu Pacific’s passengers, particularly from the Philippines, will be able to enjoy seamless connections onto Tigerair’s established network in Southeast Asia and India, while
Tigerair’s customers will be able to select from Cebu Pacific’s extensive network in the Philippines and North Asia.
The two airlines said the alliance creates greater potential for closer coordination on sales and schedules on relevant routes, which will offer customers more flight options at good value.
CEB’s 55-strong fleet is comprised of 10 Airbus A319, 31 Airbus A320, six Airbus A330 and eight ATR-72 500 aircraft. It is one of the most modern aircraft fleets in the world.
Between 2015 and 2021, Cebu Pacific will take delivery of seven more brand-new Airbus A320, 30 Airbus A321neo, and 16 ATR 72-600 aircraft.