Singapore Airlines pays staff 8-month salary bonus after $2.675 billion record profit

Singapore Airlines (SIA Group) has announced its remarkable financial performance for the fiscal year FY2023/24, achieving its highest full-year operating and net profits in the Group’s history. The robust demand for air travel has been a key driver, resulting in record passenger revenue and load factors. Despite facing challenges such as geopolitical tensions, macroeconomic uncertainties, inflationary pressures, and supply chain constraints, the Group’s solid foundations and strategic initiatives position it strongly to capitalize on future growth opportunities.