Tiger Airways reported net income of S$28.2 million ($37.7 million) for its fiscal year ended March 31, reversed from a S$50.8 million net loss in the prior year. Underlying operating profit, which excludes fuel-hedging losses of S$21.7 million and IPO-related expenses, was S$49.7 million, turned around from a S$30.2 million operating deficit in the previous year. Revenue lifted 28.6% to S$486.2 million. President and CEO Tony Davis said, "No matter how you cut the numbers, these ...

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