Singapore-based low-cost carrier (LCC) Tigerair Group posted a net loss of S$18.8 million ($13.7 million) in the fourth quarter of FY15 ended March 31, an 80.3% improvement over a net loss of S$95.5 million in the year-ago period. Fourth-quarter revenue was up 5% to S$172.2 while expenses were down 7.3% to S$174.5 million, producing an operating loss of S$2.3 million, down 90.6% from S$24.3 million a year ago. The airline said the improvements were due to higher yields, a higher overall ...

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