Singapore Airlines is planning to give its employees a bonus that amounts to almost eight months of their salary. This decision follows the airline’s announcement of a record annual net profit of $1.98 billion for the fiscal year 2023 to 2024. Although the company hasn’t officially confirmed the bonus, the news has been widely reported.
The airline’s impressive financial performance is largely due to a strong demand for air travel, especially in North Asia. This region saw a surge in travel after fully reopening its borders post-pandemic. Singapore Airlines, known for its excellent service, was also named the world’s best airline by the Skytrax World Airline Awards for the fifth time last year. This recognition adds to the company’s reputation and likely contributed to its strong year.
Employees of Singapore Airlines can look forward to significant bonuses as a reward for their hard work during this profitable period. The company’s success is a positive sign for the travel industry, showing a strong recovery and high customer satisfaction.
