China Airlines Ltd (中華航空) yesterday said it would pay its employees year-end bonuses of five months salary, plus a one-time cash reward of NT$20,000 (US$642) and an average salary increase of 4 percent.
The plan was approved at a board meeting yesterday, the company said in a statement.
China Airlines' consolidated sales were NT$184.82 billion last year, up 22.62 percent year-on-year, the company said.
Photo: Tony Yao, Taipei Times
The outlook for this year appears optimistic, it said, adding that booking rates for popular slots during the Lunar New Year holiday and winter break have already surpassed 80 percent.
Thanks to significant increases in revenue fueled by the demand for post-COVID-19 pandemic air travel, several other carriers have also announced salary increases and other forms of remuneration for employees after reporting higher revenue for last year compared with the previous year.
EVA Airways Corp (長榮航空) last month said that it would pay its employees year-end bonuses of six months salary, the highest since the company was founded, as well as a mid-year bonus to be paid later this year.
As well as the additional payments, which would apply to airline employees and those working in its subsidiaries, crew and ground staff would also receive an average monthly pay increase of NT$5,000, and pilots would get an additional NT$11,000 to NT$20,000 depending on their rank, EVA Airways said.
The airline's consolidated revenue last year rose 45.11 percent from a year earlier to NT$200.36 billion, a record high, with passenger revenue alone increasing by 326.01 percent from a year earlier.
Tigerair Taiwan Ltd (台灣虎航) has unveiled plans to give its workers year-end bonuses of two months salary. Along with the additional one month already distributed and another to be paid at the end of the year, employees are set to receive additional compensation of four months salary, it said.
The company's consolidated revenue last year surged by 848.29 percent year-on-year to NT$12.47 billion. It attributed the strong growth to its sales performance in the fourth quarter of last year, which soared to an all-time high thanks to a strong travel interest in Northeast Asia.
Starlux Airlines Co (星宇航空) plans to provide a one-month bonus and a salary increase of NT$2,000, plus an additional transport allowance of NT$1,000, the start-up said.
It reported consolidated revenue last year jumped 568.39 percent year-on-year to NT$22.47 billion.
This year, the airline aims to aggressively expand its flight network, connecting new destinations such as Chiang Mai, Thailand and Hakodate, Japan, it said.
This story has been updated since it was first published to add airlines' revenue information for last year.
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