SIA staff to get 7.45 months of bonus for FY2025

[SINGAPORE] Singapore Airlines (SIA) is said to be rewarding eligible employees with a profit-sharing bonus of 7.45 months for FY2025, marginally lower than the 7.94 months for FY2024, but higher than the 6.65 months for FY2023, The Business Times has learnt.

The annual profit-sharing compensation is based on a longstanding formula that has been agreed with staff unions, a spokesperson from the airline had told BT in 2023.

Staff expenses rose by 6 per cent to S$3.8 billion for FY2025 from S$3.6 billion a year ago, based on its financial statements.

The full-service carrier had 18,000 staff members on average in FY2025, up 7.6 per cent year on year.

The Singapore-flagged airline on Thursday (May 15) delivered a 3.9 per cent rise in its bottom line to the highest ever of S$2.8 billion for the full year from S$2.7 billion in FY2024, while revenue was 2.8 per cent higher at S$19.6 billion.

SIA is still recruiting inflight staff in Singapore, based on its recent tender to procure function room packages for cabin crew interviews in its home ground.