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The bulk of his salary comes from bonuses of S$2.18 million, plus shares and benefits of around S$4.48 million.Singapore Airlines’ annual net profit for the fiscal year 2023-2024 is S$2.68 billion, compared to S$2.16 billion in the previous year. The cargo business has also been strong, and flights have consistently been full. SIA declared a final dividend of S$0.38, up from S$0.28 last year. SIA’s shares closed at S$6.88 on July 1.In May, the carrier announced it rewarded its staff with eight months salary bonus due to a net profit increase of 24 per cent year-on-year.The bonus is the highest ever, with a previous profit-sharing bonus equal to 6.65 months’ pay, alongside a maximum of 1.
This was on the back of the robust demand for air travel, which came as the impact of the Covid-19 pandemic abated and key markets in North Asia fully reopened their borders,” said SIA Chairman Peter Sia in the company’s Annual Report.