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CAAS surplus for FY16 dips 4.9% to S$62.7m

Expenditure jumps 17.2% to S$348.7m; other operating expenses rise 41.2% to S$56.9m

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Mrs Lim Hwee Hua, Minister, Prime Minister’s Office and Second Minister for Finance and Transport and Mr Yap Ong Heng, director general of Civil Aviation Authority of Singapore (CAAS), officiating the launch of the Aviation Open House 2010 at the Singapore Aviation Academy on 18 November 2010.


THE Civil Aviation Authority of Singapore's (CAAS) net surplus fell for a third straight year as expenditure increased at a faster clip than income.

Net surplus for the year ended March 31, 2016, was down 4.9 per cent to S$62.7 million, according to CAAS's report for...

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