Singapore-based low-cost carrier Tiger Airways Holdings reported a S$12.8 million ($8.93 million) second quarter 2016 net loss, down 93% from a $143 million loss in the year-ago period. The airline said the results were due to better performance in overall airline operations, and the lack of special provision for aircraft leases and part sale of Tigerair Australia that were included in last year’s 2Q figures. “We are encouraged by the narrowing of losses in a seasonally weak ...

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