Tiger Airways and Tiger Airways Australia parent Tiger Aviation Group posted a net profit of S$14.1 million in the fiscal third quarter ended Dec. 31, reversed from a S$7.9 million loss in the year-ago period. Third-quarter operating profit was S$23.5 million, boosted by a 29% year-over-year increase in revenue to S$139.5 million. President and CEO Tony Davis said the turnaround was "driven by traffic growth across both our airlines, increasing ancillary revenues and a focus on cost ...

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