Cutting SIA CEO’s pay to $3.85m after taxpayers’ bailout an insult to Singaporeans

After SIA had slashed capacity by 96%, CEO Goh will likely be shaking leg in his office. The government is also aware that air travel demand won’t be picking up anytime soon: Terminal 2 has been closed for 18 months and Terminal 4 will reopen only after air travel demand picks up. At $3.85 mil, Singaporeans are paying Goh more than $10,000 per day. For??

Phillip Ang

* The author blogs at LikeDatOsoCanMeh.

 

 

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22 Responses to “Cutting SIA CEO’s pay to $3.85m after taxpayers’ bailout an insult to Singaporeans”

  • Hopelesslyuselessgov:

    I already said ,

    ” CUT THE LIMB n HANDS”

    FROM BLEEDING THR TAXPAYERS !!!!

    SACK THEM ALL !!!

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  • TKL's doppelganger, Tan Kim La:

    Phillip, don’t be naive.
    This is just a ‘publicity stunt’ to showcase PM’s pathetic shortfall of $1.65m compared to his own top CEOs. Don’t fall for it.

    The real deal is to look at what is hidden and why they’re hiding it, right?

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  • Trust only myself:

    Yes, should be paid $1 if he still want the job to sit out the period without passengers………

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  • Harder Truths:

    This is one of the first of a long line of bailouts for the government gravy train. Only a matter of time. Of course you will hear nothing about it. If you do keep quiet or they may sue you.

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  • trublu:

    PAY FOR NEGATIVE PERFORMANCE.
    PAY EVEN MORE FOR MEDIOCRE PERFORMANCE?

    NO wonder we gave LOW PRODUCTIVITY FOR YEARS ON!

    BODOH! DAFT! GONG KIA!

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  • trublu:

    There are so many needy sgs who barely eke out a living and working hard for subsistence survival and,yer,this RICH ASS is getting paid so much even as the company is bleeding?

    No wonder OLDER JOBLESS sgs n retirees have got to keep on PAYING ALL SORTS OF TAXES even when they have ZERO/NEGATIVE INCOME from Dissavings in this HIGH COL $INful City.

    No wonder THEY suck our CPF monies even when THE WHITE$ know we are old n jobless?

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  • rajkumar:

    It is shockingly unbelievable!
    Pay zero ,given that under his watch
    and probably with his approval his brilliant
    managers undertook the disastrous fuel
    hedging policy . Together with the Covid 19
    situation ,SIA I believe is insolvent.
    His under 4 mil pay is robbery .
    I have a further grouse … when a hedge
    goes wrong , is there no way to get out of it.
    For that matter , mitigate the losses?
    It looks like incompetence downed SIA
    as much as Covid 19 .
    Then again only in Singapore is incompetence
    is rewarded so well .

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  • We got stung SIA!:

    What’s the difference between a Mosquito and a CEO?

    A mosquito will admit it’s a bloodsucker. The CEO will pretend it’s OK to be one.

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  • trublu:

    H$K is going to bring additional package to the table putting GRAND TOTAL to $100 Billion?

    What about SOCIAL SECURITY FOR JOBLESS N RETIREES?…DONT NEED TO OFFER HELP FOR FEAR OF INCREASING FUTURE TAX BURDEN of younger sgs?
    FTs/PRs will have their JOB$ SAVED WITH THIS ADDITIONAL 4TH EXTRA BIGLY BUDGET,eh?

    So CANNOT HELO JOBKESS SGS N RETIREES BUT CAN USE PAST RESERVES ACCUMULATED BY NOW JOBLESS SGS N RETIREES TO PROTECT FTs JOB$

    SO WHAT DOES SINGAPORE CITIZENDHIP N NATION-BUILDING COUNT FOR???

    WTF,THIS IS UNBELIEVABLE!

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  • trublu:

    Recall SDP’s former PROPOSAL TO USE *OUR* RESERVES TO ASSIST POOR N RETIREES WAS SHOT DOWN SARCASTICALLY.
    NOW,THE SAME PAPple are DIGGING INTO OUR RESERVES BUT NOT TO OFFER HELP TO HELPLESS sgs like JOBLESS N RETIREES BUT OTHERS INCLUDING FTs/PRs instead?

    I fail to understand the deep HYPOCRISY!

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  • trublu:

    Young LOLLY-$ucking sgs,now you will have to EXPECT TO PAY MORE FUTURE TAXE$ BUT NOT BECOS THE GOVT IS USING RESERVES ACCUMULATED by YOUR OLD aunties n uncles to help them.
    Instead,your old aunties and uncles WILL ALSO have to PAY HIGHER AMOUNTS OF GST ON BIG TICKETS LIME MEDICAL BILLS???

    this old uncle finds this TOTALLY UNACCEPTABLE N UNBECOMING OF A HYPOCRITIC GOVT!

    MEANWHILE,PLS RETURN OUR CPF FOR WE ARE OLD N PENNILESS!

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  • STRONG PEOPLE:

    So the ceo is now a CIVIL servant earning taxpayers’ money?

    He should be dismissed for unable to protect the company…….it’s not his or his grandfathers?

    No savings in the company and yet every year gave away bonuses and payouts including himself an$ fly 1st class.

    We need STRONG mentally agile people to dismiss him!

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  • DavidNeo&IreneVanessa:Bastards:

    So many airlines, so why must fly SQ?

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  • Went to Japan:

    Mdm $99M?

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  • Fortune from haven:

    trublu:
    There are so many needy sgs who barely eke out a living and working hard for subsistence survival and,yer,this RICH ASS is getting paid so much even as the company is bleeding?

    No wonder OLDER JOBLESS sgs n retirees have got to keep on PAYING ALL SORTS OF TAXES even when they have ZERO/NEGATIVE INCOME from Dissavings in this HIGH COL $INful City.

    No wonder THEY suck our CPF monies even when THE WHITE$ know we are old n jobless?

    The PG and MG were very thankful to PAP who dropped money to them from haven. They continue to work so that they could get workfare fund in cash or in CPF. They enjoy cleaner’s job so that they could give money to support their children and also give pocket money to grand children. They are afraid of sitting at home alone.

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  • gold mine:

    Well, Phillip, ever heard of a gold mine called Teem ma sick!!??

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  • MarBowling:

    This Bloodsucker still can SMILE! Hat off and salute him!

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  • hopelessnuselesspap:

    May 25, 2020 at 11:33 pm (Quote)
    It is shockingly unbelievable!
    Pay zero ,given that under his watch

    ///

    it has to do with that useless rotten wood ,gct, saying mediocre earners do not deserve to be MP.All must earn millions , but now at TAXPAYERS ACCT.

    SAME AS DOM OPERATORS, after earning big bucks therefore they are donating million in PAP election. So they are qualified as 500mil a year is PEANUTS. gct stupid wife said this with NKF issue.

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  • hopelessnuselesspap:

    Your comment is awaiting moderation.
    May 26, 2020 at 10:26 pm (Quote)
    May 25, 2020 at 11:33 pm (Quote)
    It is shockingly unbelievable!
    Pay zero ,given that under his watch

    ///

    it has to do with that useless rotten wood ,gct, saying mediocre earners do not deserve to be MP.All must earn millions , but now at TAXPAYERS ACCT.

    SAME AS DOM OPERATORS, after earning big bucks therefore they are donating million in PAP election. So they are qualified as 500thousand a year is PEANUTS. gct stupid wife said this with NKF issue.

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  • hopelessnuselesspap:

    500 Thousand – amended

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  • Homeless Cat:

    And they are gonna force their affiliates to eat iron so they can have a better profit margin.

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  • Reality:

    Reality.
    Life is like that..
    Many especially those on no pay or jobless that need help badly during this time will not get adequate support while those not hit badly will still be paid well…
    Same for companies…fortunate one will get the bailout….while many small SMEs will collapse from the CB.

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