Singapore Airlines (SIA) will reward its employees with a profit-sharing bonus equal to 7.45 months’ salary, following another strong financial year. While generous, this is slightly below the 7.94-month bonus awarded last year.
The airline reported net income of S$2.78 billion ($2.1 billion) for the fiscal year, outperforming analyst expectations. However, the company cautioned about the year ahead, citing economic uncertainty, trade tensions, and rising tariffs.
Chief Executive Officer Goh Choon Phong announced the bonus on Friday, highlighting that while the airline remains profitable, its final quarter results were weaker, signaling caution moving forward.
SIA noted that the global aviation sector faces a “challenging operating environment,” and warned that U.S. trade policies under President Donald Trump and geopolitical risks could affect demand for passenger and cargo services.
The announcement comes shortly after Emirates Group said it would award staff a 22-week bonus following its own record-breaking earnings.
Despite economic headwinds, Singapore Airlines' high employee bonus reflects its commitment to recognizing staff contributions and maintaining competitiveness in the global airline industry.