Tiger Airways Swings To FQ3 Profit

Tiger Airways

posted a profit in the fiscal third quarter. Tiger Airways posted a quarterly net profit of 2 million Singapore dollars ($1.63 million), versus a year-ago loss of S$17.4 million. Its revenue climbed 47% to S$247.7 million, versus S$168.4 million. For the fiscal year ending March 31, Tiger Airways projects to post an operating loss.