Singapore Air Staff Get Eight Months' Salary Bonus After Record Profits
Singapore Airlines benefited from a faster reopening and rebuild compared to many of its peers after Covid restrictions were lifted.
Photographer: Roslan Rahman/AFP/Getty Images
This article is for subscribers only.
Singapore Airlines Ltd. will reward staff with a bonus payout worth almost eight months of salary, according to a person familiar with the matter, after delivering a second consecutive record annual profit.
The payout is in effect higher than Singapore Airlines’ previous year’s earnings high, which resulted in a profit-sharing bonus equivalent to 6.65 months’ pay and a maximum of 1.5 months’ salary of ex-gratia bonus related to the pandemic.