Tiger setting base in South Korea

Seoul - The Budget carrier Tiger Airways will spread its wings to South Korea. It is setting up a nwe carrier called Incheon Tiger Airways and will have an initial fleet of 5 A320 aircraft. Tiger Airways will own 49% of the carrier and the South Korean city of Incheon will own the rest. The new carrier will start flying in 12 months time. The join venture will challenge Korea Air Lines and Asiana Airlines for passengers in Asia's fourth largest economy; it will have domestic and international routes - with flights from South Korea to China, Japan and the Russian Far East.