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Singapore Air hands staff eight months’ salary bonus

BLOOMBERG  Singapore Airlines Ltd will pay staff a bonus of around eight months’ salary after posting a record annual profit. Eligible staff will be paid a profit-sharing bonus equivalent to 6.65 months’ pay, and a maximum of 1.5 months’ salary of ex-gratia bonus in recognition of their hard work and sacrifices during the pandemic, a spokesperson for the airline said. ...

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India’s biggest airline posts profit short of expectations

BLOOMBERG  IndiGo reported fourth-quarter profit that missed analysts’ estimates, as rising fuel costs offset the post-Covid travel rebound at India’s largest airline. Net income at parent company InterGlobe Aviation Ltd was 9.16 billion rupees ($111 million) in the period ended in March, short of the 16.2 billion rupees expected by analysts. Revenue from operations surged 77% to 141.6 billion rupees ...

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Canada’s WestJet cancels flights ahead of holiday weekend

BLOOMBERG  WestJet Airlines Inc, Canada’s second-largest carrier, has begun parking most of its Boeing 737 and 787 jets as it prepares for a possible strike by pilots. The move comes ahead of what is normally a busy holiday long weekend for travel in Canada. Although talks are continuing, the Calgary-based carrier has been unable to reach an agreement with pilots ...

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