SIA, for example, have shown annual profits for at least the last ten years, on occasion these profits have exceeded one billion dollars.
So, if we add up all the profit over the last ten years and now subtract what is, in effect, a paltry loss the airline is still way, way ahead, yet it still sees fit to introduce a 10% pay cut to all staff.
Given the unbelievable mess that Tamasek Holdings are in,
Lumbered with the boss's wife it is possible that the SIA profits have gone to help support the group but if that is the case should they not now be taking a close look at Tamasek and see what has really gone on?