Airline made over $1.62bn in 22/23, gives staff eight months' salary as bonus

Singapore Airlines Ltd. will pay staff a bonus of around eight months salary after posting a record annual profit.. o)..

Eligible staff will be paid a profit-sharing bonus equivalent to 6.65 months pay, and a maximum of 1.5 months salary of ex-gratia bonus in recognition of their hard work and sacrifices during the pandemic, a spokesperson for the airline said..

The bonus for Singapore Airlines employees is based on a long-standing annual profit-sharing bonus formula that has been agreed with our staff unions, the spokesperson said...

The city-states flag carrier on Tuesday reported net income of S$2.16 billion ($1.62 billion) for the year ended March 31, and said forward sales are healthy across all cabin classes, led by bookings to China, Japan and South Korea..

Singapore Airlines and its budget offshoot Scoot carried 26.5 million passengers in the year, six times higher than the 12 months through March 2022, with passenger capacity rising to 79% of pre-Covid levels in March...