SINGAPORE, June 26 — Singapore Airlines chief executive Goh Choon Phong received nearly S$9.7 million (RM30.65 million) in total remuneration for the financial year ended March 31, as the airline group posted record revenue of S$20.5 billion.
According to The Straits Times, about 49 per cent of his package came from shares, 35 per cent from bonuses, while his base salary stood at about S$1.5 million, with total pay higher than the previous year’s roughly S$7 million.
The increase was driven largely by share-based awards linked to long-term incentive schemes introduced during the Covid-19 period, including a final tranche disbursed in July 2025.
Other senior executives, including the chief commercial officer and chief operations officer, received between S$3.8 million and S$4 million each, while non-executive directors were paid between about S$160,000 and S$824,000.
The highest paid director was chairman Peter Seah Lim Huat, who received S$824,610.
The report noted that the overlap of expiring and ongoing share schemes temporarily boosted executive compensation for FY2025/2026.
Despite geopolitical tensions and rising costs, the airline carried a record 42.2 million passengers, with operating profit rising 39 per cent, though net profit fell due to accounting effects linked to Air India.
The group said demand for air travel remained strong, even as fuel costs and global uncertainties continued to pressure the industry.