SATS
SATS – Singapore Airport Terminal Services – is a provider of Airport Services and Food Solutions.
See below for the Latest SATS News, Analysis, Profit Results, Share Price Information, and Commentary.
SATS wins 14 new cargo and ground handling contracts from Air India
SATS wins 14 new cargo and ground handling contracts from Air India
Air India also renewed 11 contracts with SATS and its unit.
SATS divests 49% stake in Saudi Arabia unit for $51.7m
The divestment is part of its expansion in Saudi Arabia’s aviation and logistics sector.
SATS swings back to black in H1 FY25 with $134.7m profit
In H1 FY 2024, it reported a $7.8m loss.
Temasek and Tembusu cut stake in SATS
The parties sold 1.33 million shares.
SATS returns to profit with $65m Q1 gain on strong business volumes
A one-off gain from a loan settlement also helped boost profit.
Japan's Mitsui invests $36.4m to expand SATS food solutions in Asia
The investment will give Mitsui a 15% stake in SATS’ food solutions businesses.
SATS and SIAEC begin autonomous bus trials at Changi Airport in Q3
The initiative aims to boost airside productivity by automating driving tasks.
SATS splits gateway services business into two
Ground handling services now have APAC and Singapore divisions.
SATS upgrade airport lounges in Singapore
Improved Premier Lounge at Changi Airport Terminal 3 opened on 3 July.
SATS issues 4.3 million new ordinary shares
They will be listed on the SGX beginning 2 July.
Daily Markets Briefing: STI up 0.07%; Jardine Cycle & Carriage is top stock
Jardine Cycle & Carriage posted a 1.53% growth.
SATS finalises Sweden acquisitions
It acquired Terminal & Transporttjänst I Sigtuna AB and APH Logistics.
SATS returns to black with $56.4m FY24 profit
The airport service company credited its improved performance to record revenue.
SATS names ex-Cisco executive as chairman-designate
Outgoing chair Euleen Goh will be appointed as advisor to the chairman.
SATS secures handling for Air Canada’s Singapore service
Air Canada will roll out four weekly flights connecting Singapore and Vancouver.
Daily Markets Briefing: STI down 0.85%; Top stock is Yangzijiang Shipbuilding
Yangzijiang Shipbuilding is the top stock with a 3.24% increase.
SATS and Sterling team up to expedite airside services for AOG shipments
The partnership aims to launch operations at airports in Sterling’s network soon.
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