First Quarter Operating Results Excluding Tiger Airways Group revenue declined $117 million (3.2%) to $3,565 million. Lower passenger flown revenue million or was recorded, as passenger yield -4.4%) were eroded by significant capacity injection and aggressive fares from competitors, also declined over last year on Americas and Europe routes. Cargo revenue (-$37 million or notwithstanding a slight increase in freight carriage, due to a 7.6% fall in yield. Engineering services revenue fell (s32 million) on the back of reduced overhaul activities. On the other hand, other revenue increased, including income earned upon the release of seven aircraft delivery slots originally planned for delivery in the next few financial years [see Note 2l