Fiji Airways staff and management will earn over F$1.25M in profit-share and bonuses.
CEO and Managing Director Stefan Pichler said this is a result of the company's financial performance in 2013 and this is the first profit share payout for the National Airline since the plan was approved in principle by the Board last year.
Pichler said it was one of his key short term objectives to get this initiative activated for the last financial year.
A total number of 810 non-management employees will each receive $1,400 each.
This number includes employees of Fiji Airways wholly owned subsidiary Pacific Sun soon to be Fiji LINK.
The total profit-share payout amount for staff is $1.04m.
Fiji Airways and Pacific Sun's 67 management staff will receive a management bonus of $4,000 each, subject to taxes and superannuation deductions as required.
Those management bonuses will total $0.258m.
In addition, non-management staff for both airlines already stands to earn quarterly Key Performance Indicator related bonuses of up to $1,200 per year, on achievement of key business objectives.
Pichler added that the nine month performance was driven by an increase in passenger numbers by 2.5% with additional revenue of 1.0%.
Story by: Filipe Naikaso
