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CAAS net surplus for FY14/15 drops to S$65.88m

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The Civil Aviation Authority of Singapore's (CAAS) net surplus for the year ended March 31, 2015 fell to S$65.88 million from S$89.9 million a year ago, as income declined and expenditure rose.

Singapore

THE Civil Aviation Authority of Singapore's (CAAS) net surplus for the year ended March 31, 2015 fell to S$65.88 million from S$89.9 million a year ago, as income declined and expenditure rose.

Before contributions of S$13.97 million to a government consolidated fund, the

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