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Maybank Kim Eng stays positive on aviation services firms with SATS as top pick

Vivienne Tay

Vivienne Tay

Published Tue, Nov 26, 2019 · 09:50 PM

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Singapore

MAYBANK Kim Eng's outlook for Singapore's aviation services firms remains "positive", with SATS as its top pick, the brokerage said in its latest industry note on Monday.

It said that the firms performed well despite facing headwinds from weak visitor arrivals for the first half of 2019, trade war-related shrinking of air cargo volume, and the Hong Kong unrest.

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