Tigerair narrows profit losses in FY16 1Q
Credit: Rob Finlayson
Singapore-based low-cost carrier Tigerair reported net loss of SGD1.7 million ($1.25 million) for the first quarter of fiscal year 2016, narrowed from a SGD65.2 million net loss for the year-ago quarter. Revenue fell 2% to SGD168.3 million while expenses lowered 10.8% to SGD167.7 million, producing...
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