SIA CEO’s annual pay jumps by about 20% to S$8.1 million on the back of record profit

SINGAPORE: Following a file annual revenue for Singapore Airways (SIA), the salary of the nationwide carrier’s CEO has additionally long previous up.

Mr Goh Choon Phong’s annual salary for FY2023/24 came in at S$8.1 million (US$5.98 million) – a 20.5 per cent soar from S$6.73 million in the outdated one year – in keeping with SIA’s annual file released on Monday (Jul 1).

His annual renumeration contains a indecent pay of S$1.44 million, bonuses of S$2.18 million, besides shares and benefits amounting to about S$4.forty eight million.

In Would possibly maybe additionally, SIA reported an annual fetch revenue of S$2.68 billion for the fiscal one year ended March 2024, when in contrast with S$2.16 billion a one year ago.

It additionally declared a final dividend of S$0.38 apiece, greater than the S$0.28 a one year ago. Having delivered a file annual revenue for 2 years straight, SIA launched in Would possibly maybe additionally that its workers would gain about eight month’s bonus, the very best in the airline’s history.

It exceeded the outdated one year’s file of 6.65 months in revenue-sharing bonus.

Shares of SIA closed at S$6.88 on Monday.