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Singapore Airlines CEO’s pay package rises to $9.7m as revenue hits record $20.5b
Nearly half of Goh Choon Phong’s total pay was in shares, while 35 per cent comprised bonuses awarded.
PHOTO: ST FILE
Published Jun 25, 2026, 07:45 PM
Updated Jun 26, 2026, 08:04 PM
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SINGAPORE – Singapore Airlines’ (SIA) chief executive Goh Choon Phong received nearly $9.7 million in total remuneration for the financial year ended March 31, as SIA Group logged its highest-ever revenue of $20.5 billion.
About 49 per cent of Goh’s package was in shares, while 35 per cent comprised bonuses awarded. His base salary was about $1.5 million.
He received around $7 million in the previous year.
Goh’s total pay includes conditional shares that were awarded in July 2025 for the airline’s FY2024/2025 performance, under a long-term share-based scheme introduced during the Covid-19 crisis to incentivise and retain key executives.
The sixth and final tranche of this strategic share award was disbursed in July 2025 to recognise senior management’s efforts in helping the airline recover fully from the pandemic.
As this scheme is being phased out, the overlap of the final award and other grants under SIA’s ongoing share plans has resulted in a temporary spike in share-based compensation in FY2025/2026, the report noted.
Singapore Airlines CEO’s pay package rises to $9.7m as revenue hits record $20.5b
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Nearly half of Goh Choon Phong’s total pay was in shares, while 35 per cent comprised bonuses awarded.
PHOTO: ST FILE
Published Jun 25, 2026, 07:45 PM
Updated Jun 26, 2026, 08:04 PM
Set as preferred source
Listen
Summarise
SINGAPORE – Singapore Airlines’ (SIA) chief executive Goh Choon Phong received nearly $9.7 million in total remuneration for the financial year ended March 31, as SIA Group logged its highest-ever revenue of $20.5 billion.
About 49 per cent of Goh’s package was in shares, while 35 per cent comprised bonuses awarded. His base salary was about $1.5 million.
He received around $7 million in the previous year.
Goh’s total pay includes conditional shares that were awarded in July 2025 for the airline’s FY2024/2025 performance, under a long-term share-based scheme introduced during the Covid-19 crisis to incentivise and retain key executives.
The sixth and final tranche of this strategic share award was disbursed in July 2025 to recognise senior management’s efforts in helping the airline recover fully from the pandemic.
As this scheme is being phased out, the overlap of the final award and other grants under SIA’s ongoing share plans has resulted in a temporary spike in share-based compensation in FY2025/2026, the report noted.
