SIA posts record net profit for FY2024; staff to get 8 months’ bonus (update)


Revenue at the national carrier rose 7 per cent to a record $19 billion. - ST FILE

SINGAPORE: Singapore Airlines (SIA) posted a record full-year net profit on May 15 and is proposing a higher dividend payout for shareholders and a fatter bonus for staff.

Sources sent The Straits Times a screenshot of SIA chief executive Goh Choon Phong announcing the profit-sharing bonus of 7.94 months for staff, including its pilots. This compares with the bonus of 6.65 months that most employees received in 2023, with some getting an extra 1.5 months for their hard work during the Covid-19 pandemic, they said. SIA declined to comment on the matter.

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