Tigerair swings to $1.63 million profit in FY15 4Q

Credit: By Rob Finlayson
Singapore-based low-cost carrier (LCC) Tigerair has posted a S$2.2 million ($1.63 million) profit for the fourth quarter of 2014, reversed from a net loss of S$118 million in the year-ago quarter. The Singapore Airlines (SIA) subsidiary said that improvements in higher load factors, better yields...

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