MANILA – Cebu Pacific and Tigerair have received approval from the Competition Commission of Singapore (CCS) for the strategic alliance agreement that aims to boost ties between the Philippine and Singapore markets.
In a joint statement, the airlines said the approval creates greater potential for closer coordination on sales and schedules on relevant routes, which will offer customers more flight options at good value.
“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,” the airlines said.
Under the alliance, Cebu Pacific’s passengers, particularly from the Philippines, will be able to access 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.
“Cebu Pacific’s strategic alliance with Tigerair allows both carriers to leverage on each other’s strengths and complementary networks,” Cebu Pacific president and chief execuvite Lance Gokongwei said.
In 2014, the Gokongwei-owned Cebu Air acquired the local unit of Tigerair for an estimated P665 million.