NEW DELHI: Singapore Airways, which was named the ‘world’s finest airline’ final yr, has lately introduced that its workers could be provided a bonus value almost eight months of wage, in keeping with CNN.
The announcement comes after the airline declared a file annual web revenue of $1.98 billion within the 2023 to 2024 fiscal yr on Wednesday.
Singapore Airways reported strong demand for air journey in its earnings assertion, attributing the surge to the entire reopening of borders in North Asia, together with China, Hong Kong, Japan, and Taiwan, following the pandemic.
The provider, which is Singapore’s nationwide airline, was acknowledged because the world’s finest airline final yr, marking its fifth win within the 23-year historical past of the awards.
Goh Choon Phong, Singapore Airways’ CEO, credited the achievement to the unwavering dedication of his group, stating, “That has allowed us to emerge stronger and fitter from the pandemic.” He acknowledged the quite a few sacrifices made by the employees to make sure the airline’s readiness for the restoration in air journey.
Nevertheless, the approaching yr may very well be tough for the sector, Singapore Airways stated in its earnings assertion.
“Geopolitical tensions, macroeconomic uncertainties, inflationary pressures, and provide chain constraints pose challenges for the aviation trade,” it stated.
Different airways additionally lately have picked up the cue of offering workers with bonus.
Dubai’s Emirates stated this week can pay its employees a bonus equal to twenty weeks’ wage, in keeping with Reuters citing an inside electronic mail. The state-owned airline additionally posted file full yr revenue.
The announcement comes after the airline declared a file annual web revenue of $1.98 billion within the 2023 to 2024 fiscal yr on Wednesday.
Singapore Airways reported strong demand for air journey in its earnings assertion, attributing the surge to the entire reopening of borders in North Asia, together with China, Hong Kong, Japan, and Taiwan, following the pandemic.
The provider, which is Singapore’s nationwide airline, was acknowledged because the world’s finest airline final yr, marking its fifth win within the 23-year historical past of the awards.
Goh Choon Phong, Singapore Airways’ CEO, credited the achievement to the unwavering dedication of his group, stating, “That has allowed us to emerge stronger and fitter from the pandemic.” He acknowledged the quite a few sacrifices made by the employees to make sure the airline’s readiness for the restoration in air journey.
Nevertheless, the approaching yr may very well be tough for the sector, Singapore Airways stated in its earnings assertion.
“Geopolitical tensions, macroeconomic uncertainties, inflationary pressures, and provide chain constraints pose challenges for the aviation trade,” it stated.
Different airways additionally lately have picked up the cue of offering workers with bonus.
Dubai’s Emirates stated this week can pay its employees a bonus equal to twenty weeks’ wage, in keeping with Reuters citing an inside electronic mail. The state-owned airline additionally posted file full yr revenue.