Singapore LCC Tigerair swings to profit in 4Q 2016

Credit: Airbus
Singapore-based low-cost carrier (LCC) Tigerair reported a net profit of S$7.9 million ($5.8 million) for the 4Q 2016, which ended March 31. This was reversed from a net loss of S$18.8 million in the year-ago period. Quarterly revenue rose 4.1% to S$179 million for the 4Q 2016 period. This brought...

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