Dhaka, May 19 -- Following Emirates' lead, Singapore Airlines (SIA) has announced a substantial bonus for its employees - nearly eight months' salary - after posting a record full-year net profit on May 15.

This marks a significant increase from last year's bonus of 6.65 months, which included an additional 1.5-month payout to recognize staff contributions during the COVID-19 pandemic.

SIA's financial performance saw a 24 percent surge in earnings, reaching $2.7 billion for the fiscal year ending on March 31, 2024.

This growth was attributed to enhanced operational efficiency, reduced tax expenses, and profits generated from its associate companies.

The airline's revenue climbed by 7 percent to a historic high of $19 billion, with pas...