Singapore Airlines pays employees 8-month salary bonus after rebounding from loss

The year of 2022-2023 has proven to be a comeback year for some airlines. After Dubai-based Emirates recorded its highest-ever profit of Dh10.9 billion (US$ 3.0 billion), a complete turnaround from the pandemic-driven loss of the previous year, Singapore Airlines is the next carrier to share good news.

According to media outlets, the company recorded a profit of $2.16 billion for last year. This airline too has rebounded from a loss the year before.

The Singapore-based carrier announced that its employees would get bonuses worth 8 months of their salaries. Reports say that this will be given in two parts: a profit-sharing bonus equivalent to 6.65 months of salary, and a bonus equivalent to 1.5 months of salary, in recognition of their work during the pandemic.

Earlier, Emirates informed over 10,000 employees that they would receive a 24-week bonus, after the record-breaking numbers were announced.

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