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Tigerair not out of the woods

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At last Tigerair is making a profit. The Singapore budget carrier reported a positive FY2014/15 third-quarter with a profit after tax of S$2.2 million (US$1.76 million), compared to a hefty loss of S$118.5 million in the previous year. The improved performance was achieved on the back of a reduction in costs by 1.5% and capacity by […]

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