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Singapore Airlines hands out 8 months’ bonus following record annual profit now

1 min read
Singapore Airlines
Singapore Airlines cabin crew - Photo: SIA

Singapore Airlines (SIA) staff will receive nearly eight months’ salary as a bonus following the airline’s record earnings for the second consecutive year. CEO Goh Choon Phong’s presentation revealed that employees would get a 7.94-month profit-sharing bonus, the highest in SIA’s history, surpassing last year’s 6.65-month bonus.

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Eligible employees had also received an ex-gratia bonus of up to 1.5 months for their efforts during the COVID-19 pandemic. SIA reported a record profit of S$2.68 billion (US$1.99 billion) for the fiscal year ending March 2024, up from S$2.16 billion the previous year, and declared a final dividend of S$0.38 per share.

Cover Photo: SIA

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Photo by Tim Dennert on Unsplash.
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Image of a Singapore Airlines A350 from their official website.

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