Tigerair doubles net profit for 3Q 2016

Credit: Rob Finlayson
Singapore-based low-cost carrier (LCC) Tigerair reported a 3Q 2016 net profit of S$6.8 million ($4.75 million), more than doubled compared to a S$2.2 million profit in the year-ago period. CEO Lee Lik Hsin said low fuel prices helped the carrier’s performance and he expects further benefit from the...

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