CAAS net surplus for FY14/15 drops to S$65.88m
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Nisha Ramchandani
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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 surplus came to S$79.85 million, down from S$107.6 million.
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