Currently, the airline owns nine Airbus machines. On 21st July 2007, the airline announced that 30 more aircraft had been ordered for a total of 2.2 billion dollars. Delivery is not expected before 2011.
The Singapore low-cost airline Tigerair, based at Changi Airport, was founded in the year 2003 in Singapore. It is currently the fastest growing low-cost carrier in East Asia and in the year 2006, counted more than 1.2 million passengers. This was an increase of almost 75% on the previous year. The airline, 49% of which is a subsidiary of Singapore Airlines, was also the first "no-frills" carrier with landing rights for the Chinese zones of Shenzhen, Haikou and Guangzhou. On 29th September 2006 the airline finally announced its plans to work together with the Philippine South East Asian Airlines in the future. On 9th February 2007 there followed the announcement to establish the subsidiary Tiger Airways Australia, which is soon to take on the fast expanding low-cost air travel market in Australia.
The network of the new low-cost airline from Singapore currently covers 26 airports. From its three hubs in Singapore, Darwin and Perth it flies to several interesting destinations on the Australian continent and the Asia-Pacific region, including Chaing Mai, Hanoi, Cochin, Macau, Manila, Melbourne, Padang and Shenzhen.