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SIA announces 8 months bonus
- Thread starter Byebye Penis
- Start date
Is this the profit or revenue?
All your rights issues belong to their pockets.
Has SIA returned the money bailed out by taxpayers during COVID-19?
The reported profit of $2.16b is after returned all the bailed out money?
SIA announces another 8-months bonusSingapore Air hands staff eight months’ salary bonus after record results
Thu, 18 May 2023 at 1:59 pm SGT
Singapore Airlines Ltd. aircraft at Changi Airport in Singapore, on Wednesday, March 30, 2022. (Ore Huiying/Bloomberg)
By Natalie Choy and Peter Vercoe
(Bloomberg) — Singapore Airlines Ltd. will pay staff a bonus of around eight months salary after posting a record annual profit, the Business Times newspaper reported.
Eligible staff will be paid a profit-sharing bonus equivalent to 6.65 months’ pay, and a maximum of 1.5 months’ salary of ex-gratia bonus in recognition of their hard work and sacrifices during the pandemic, the newspaper reported, citing a spokesperson for the airline. Senior management won’t receive the bonus, the newspaper said.
The city-state’s flag carrier on Tuesday reported net income of S$2.16 billion ($1.62 billion) for the year ended March 31, and said forward sales are healthy across all cabin classes, led by bookings to China, Japan and South Korea.
Singapore Airlines and its budget offshoot Scoot carried 26.5 million passengers in the year, six times higher than the 12 months through March 2022, with passenger capacity rising to 79% of pre-Covid levels in March.
On Monday, Singapore Air said it flew 1.75 million passengers in April, up 53% from the same month last year. Hong Kong rival Cathay Pacific Airways Ltd. has a way to go before it gets to those heights, with last year’s revenue still only about half of pre-pandemic levels.
https://www.bloomberg.com/news/arti...aff-score-almost-eight-months-salary-as-bonus
Totally banned SIA because
I don't travel with an Airline THAT STUPID. It will do me a lot of good to hang out with smarter people and live longer too.
https://mothership.sg/2021/01/singapore-airlines-vaccinate-workers/
Singapore has begun vaccinating 37,000 workers in the aviation and maritime industries, according to a Jan. 18 Facebook post by Minister for Transport Ong Ye Kung.
Speaking to aviation industry staff on the same day, he was quoted by Reuters as saying, "SIA (Singapore Airlines) can be the first vaccinated international airline of the world. Try to get that done."
A similar note was also struck by SIA CEO Goh Choon Phong who said that vaccines are expected to be a "game-changer" for facilitating the re-opening of international borders.
Goh added, "This will also be an important differentiator in the airline industry...I strongly urge everyone who is eligible, to get vaccinated as soon as possible."
In his post, Ong further noted that 13,000 maritime and aviation workers had since registered for vaccination this week.
This includes airplane and port pilots, cabin crew, cargo handlers, transit lounge workers, local seafarers, ship and plane repair technicians, among others.
In addition, two vaccination centres have been established at Changi Airport's Terminal 4 and Raffles City, with capacity to be ramped up to 8,000 vaccinations a day.
Ong further said that the aim is to vaccinate most of the 37,000 workers in the coming two months given their contact with people and cargo outside Singapore.
SIA is not the only airline encouraging its workers to be vaccinated however.
The state carrier of the UAE, Emirates is also offering vaccines to all of its staff, Reuters further reported.
It is offering both the Pfizer-BioNTech and China's Sinopharm vaccines, with priority given to cabin crew, pilots and other operational staff.
Like SIA, Emirates also lacks a domestic market to soften the blow of Covid-19's impact on the aviation industry.
AFP further reported that Emirates has since restored its route network to 75 per cent of pre-pandemic levels and has flown in visitors from the UK and Russia.
This is despite the country reporting over 3,000 new Covid-19 cases on a daily basis.
The chief economist at Oxford Economics Middle East, Scott Livermore, was quoted as saying:
I don't travel with an Airline THAT STUPID. It will do me a lot of good to hang out with smarter people and live longer too.
S'pore Airlines can be the first vaccinated international carrier: Ong Ye Kung
https://mothership.sg/2021/01/singapore-airlines-vaccinate-workers/
Singapore has begun vaccinating 37,000 workers in the aviation and maritime industries, according to a Jan. 18 Facebook post by Minister for Transport Ong Ye Kung.
Speaking to aviation industry staff on the same day, he was quoted by Reuters as saying, "SIA (Singapore Airlines) can be the first vaccinated international airline of the world. Try to get that done."
A similar note was also struck by SIA CEO Goh Choon Phong who said that vaccines are expected to be a "game-changer" for facilitating the re-opening of international borders.
Goh added, "This will also be an important differentiator in the airline industry...I strongly urge everyone who is eligible, to get vaccinated as soon as possible."
13,000 maritime and aviation workers have already registered for vaccination
In his post, Ong further noted that 13,000 maritime and aviation workers had since registered for vaccination this week.
This includes airplane and port pilots, cabin crew, cargo handlers, transit lounge workers, local seafarers, ship and plane repair technicians, among others.
In addition, two vaccination centres have been established at Changi Airport's Terminal 4 and Raffles City, with capacity to be ramped up to 8,000 vaccinations a day.
Ong further said that the aim is to vaccinate most of the 37,000 workers in the coming two months given their contact with people and cargo outside Singapore.
Other airlines are also encouraging their staff to get vaccinated
SIA is not the only airline encouraging its workers to be vaccinated however.
The state carrier of the UAE, Emirates is also offering vaccines to all of its staff, Reuters further reported.
It is offering both the Pfizer-BioNTech and China's Sinopharm vaccines, with priority given to cabin crew, pilots and other operational staff.
Like SIA, Emirates also lacks a domestic market to soften the blow of Covid-19's impact on the aviation industry.
AFP further reported that Emirates has since restored its route network to 75 per cent of pre-pandemic levels and has flown in visitors from the UK and Russia.
This is despite the country reporting over 3,000 new Covid-19 cases on a daily basis.
The chief economist at Oxford Economics Middle East, Scott Livermore, was quoted as saying:
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