Tigerair Taiwan is a Taiwanese low-cost airline based at Taoyuan International Airport. It was formed as a joint venture between China Airlines Group (80%), Mandarin Airlines (10%) and Tiger Airways Holdings (10%).[2] In 2017, China Airlines acquired the 10% shares held by Budget Aviation Holdings after Tigerair Singapore merged with Scoot.[3] Tigerair Taiwan is the only LCC in Taiwan following the collapse of TransAsia Airways and V Air in 2016 and also the only airline left with Tigerair branding, after Tigerair Australia ceased operations in March 2020.