Sats sells US military contractor unit Maytag Aircraft for US$46 million
INFLIGHT caterer and ground handler Sats has sold its ground handler unit Maytag Aircraft for an enterprise value of US$46 million to...
SIA Group flies 28.2% more passengers in February; Sats makes acquisition in Sweden
FLAG carrier Singapore Airlines (SIA) carried 3.1 million passengers on a group level in February, up 28.2 per cent from a year...
Sats posts S$31.5 million Q3 profit on strong cargo volumes, seasonal demand
IN-FLIGHT caterer and ground handler Sats on Thursday (Feb 29) posted a 41.9 per cent quarter-on-quarter rise in third-quarter net profit to...
Sats prices US$500 million, 5-year senior unsecured notes at 4.828%
SATS on Wednesday (Jan 17) priced US$500 million in fixed-rate senior unsecured notes due Jan 23, 2029, at 4.828 per cent.
Brokers’ take: CGS-CIMB expects Sats profitability to improve; raises target price
CGS-CIMB on Tuesday (Jan 16) raised its target price on Sats to S$3.44 from S$3 after lowering its assumptions for the inflight...
Transportation stocks on the move in 2024
TRANSPORTATION stocks have been on a roll since the price of Brent Crude Oil stayed below US$80 per barrel in November 2023...
Sats says it remains on track to restoring profitability
IN-FLIGHT caterer and ground handler Sats on Tuesday (Dec 5) said it remains on track to restore profitability, a week after it...
Sats bags new uncommitted bilateral facilities worth S$204.5 million to generate cost savings
IN-FLIGHT caterer and ground handler Sats on Friday (Dec 1) reported that it, along with its units, has secured uncommitted bilateral facilities...
Sats must manage carefully its debt load as it looks to resume dividend payments
INVESTORS hoping for Sats to resume its dividend-paying days may have a while to wait.
Sats files notice of 3 straight years of losses
IN-FLIGHT caterer and ground handler Sats has given notice that it has recorded three consecutive years of losses.