Singapore Airlines CEO Goh Choon Phong received a total compensation package of $9.7 million for the fiscal year, a significant increase from the approximately $7 million awarded the previous year.
The rise in executive pay coincides with the carrier reporting record annual revenue of $20.5 billion, reflecting a robust recovery in global air travel demand and strong operational performance across its network.
The structure of the remuneration package emphasizes long-term alignment with shareholder interests.
Nearly half of Goh's total pay was delivered in shares, while bonuses accounted for 35 percent of the total.
This heavy weighting toward equity and performance-based incentives is designed to tie executive rewards directly to the company's financial results and stock price trajectory.
The compensation increase comes as Singapore Airlines continues to expand its capital markets activities.