Singapore Airlines announced a 7.45-month bonus for its employees following a record net profit of S$2.78 billion for the 2024/25 financial year, the company reported on Friday.

While slightly lower than last year’s 7.94-month bonus, the payout underscores SIA’s robust financial performance and its workforce’s contributions in a fiercely competitive aviation sector.

The airline’s profit surge was bolstered by a one-time S$1.1 billion gain from the merger of Vistara and Air India, securing SIA a 25.1% stake in the enlarged Indian carrier.

However, operating profit fell 37% due to intensified competition, which pressured ticket prices.

Revenue rose 2.8% to S$19.54 billion, driven by a record 39.4 million passengers carried during the year.

SIA trimmed its final dividend to 30 cents per share and cautioned about challenges ahead, including geopolitical tensions, supply chain constraints, and softening demand.

Despite these risks, the airline continues to expand its workforce, signaling confidence in its long-term growth strategy.

“SIA’s record results reflect both strategic gains and operational resilience,” said a company spokesperson.

“We remain focused on navigating industry headwinds while investing in our people and fleet for sustained stability.”