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 and a trimming of overall capacity all helped raise the airline’s efficiency. “We had to make some difficult decisions in the turnaround process,” Tigerair Group CEO Lee Lik Hsin ...

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