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 finalises Sweden acquisitions
It acquired Terminal & Transporttjänst I Sigtuna AB and APH Logistics.
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.
SATS unit divests aircraft fueling business for US$46m
It was sold to a private direct investment firm.
SATS unveils $61m food solutions facility in India
The facility will specialize in manufacturing ready-to-eat food products.
Air cargo, regional travel growth spur SATS’ earnings recovery
The return of Chinese travellers is a positive for SATS’ food catering business.
SATS’ net profit up 89.3% to S$31.8m in Q3 FY2024
Recovery of aviation food and flight volumes helped push up profits.
SATS prices US$500m worth of bonds at 4.828%
The bonds are due in five years.
Sats ‘on track’ to restoring profitability following 3 financial years of losses
The company also clarified that there is no risk for it to be placed on the SGX watchlist.
SATS marks 3rd consecutive year of losses
As a result, the SGX will likely place the company under its watchlist.
Daily Markets Briefing: STI fell 0.07%; Genting Singapore is most active stock
Genting Singapore traded 10.59% up.
Daily Markets Briefing: STI down 1.18%; Venture is top stock
Venture is most active stock, trading 0.09%.
SATS opens Premier Check-in Lounge in Changi Airport Terminal 2
The new check-in lounge can accommodate up to 20 passengers.
SATS launches workshops to help suppliers go green
It offers training on the sources of emissions and how suppliers can abate their emissions.
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