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

Nisha Ramchandani

Nisha Ramchandani

Published Mon, Oct 5, 2015 · 09:50 PM

    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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