With WFS under its belt, a supersized Sats aims for S$8 billion in revenue by 2028
The acquisition has made Sats more geographically diversified; the company has also tweaked its business mix
DeeperDive is a beta AI feature. Refer to full articles for the facts.
AIRPORT-services provider Sats is “in the right spot”, says its chief executive officer Kerry Mok.
After acquiring Worldwide Flight Services (WFS) in 2023, it is ready to tap the opportunities arising from the geopolitical tensions across the world, and companies’ adjusting their supply chains to get around the fallout from these hotspots.
Post-acquisition, the supplier of in-flight catering and ground handling services can now talk to customers about leveraging its enlarged network, rather than just try to win contracts station by station.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities