SIA preparing to give eight months’ bonus, MAS good only for Government bailouts

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SIA preparing to give eight months’ bonus, MAS good only for Government bailouts

KUALA LUMPUR, March 12, 2025: Singapore International Airlines (SIA) is reported to be preparing to give its employees eight months’ bonus after chalking up a record SG$1.98 billion profits.

So, what about Malaysia Airlines (MAS)?

Since SIA split from MAS following Singapore’s breakaway from Malaysia, MAS has been bailed out by the Government for at least three times.

Now under Malaysia’s Sovereign Wealth Fund (SWF), Khazanah Nasional Berhad, MAS is still struggling and it will be lucky for Malaysian taxpayers if MAS does not seek another bailout.

So, what’s wrong MAS? Management incompetency and managing business and operations unprofessionally?

And MAS is also good only for complaining and lamenting why its employees and engineers are quitting to join SIA!

Here’s what is being shared in a post on Facebook:

 

Unknown Facts

Singapore Airlines is set to reward its employees with a bonus equivalent to eight months' salary following a record-breaking profit this year. This marks an increase from last year's bonus of 6.65 months' salary. The airline reported a record net profit of $1.98 billion for the 2023-2024 fiscal year, with total earnings surging 24% to $2.7 billion as of March 31, 2024. Revenue reached an all-time high of $19 billion, up 7%, while passenger numbers grew by 17.3%. Along with its budget carrier, Scoot, Singapore Airlines transported 36.4 million passengers throughout the year. The airline noted that air travel demand remained robust, particularly as North Asian markets, including China, Hong Kong, Japan, and Taiwan, fully reopened post-pandemic. Singapore Airlines isn’t alone in rewarding its workforce—Emirates also recently granted its employees a bonus equal to 20 weeks' salary after recording its own historic profits.