Welcome!
Worldwide Flight Services (WFS)
Aviation & Engineering
Sats lands 14 new contracts with Air India
Air India also renewed 11 contracts with Sats, significantly expanding the partnership between the two.
8 days ago
Aviation & Engineering
Sats group unveils branding refresh
The new visual identity features a double loop and a ‘to the power of’ mathematical symbol to signify the coming together of Sats and WFS.
November 05, 2024
Aviation & Engineering
Sats proposes to acquire general cargo handling operations at Amsterdam airport
Shares in Sats closed 1 cent lower or 0.27% down at $3.65 on Aug 30.
August 30, 2024
Sector Focus
Sats completes turnaround with better-than-expected FY2024
Sats' return to the black for its FY2024 has been driven by the global rebound in aviation and the smooth integration of WFS.
May 30, 2024
Aviation & Engineering
Sats wins contract from Air Canada as the carrier resumes flights to Changi Airport
The airline will launch four Boeing 787-9 flights a week connecting Vancouver and Singapore from April 4 onwards.
April 04, 2024
Aviation & Engineering
Sats sells US military contractor unit, to book net proceeds of US$45.6 million
Maytag operates on a standalone basis and outside of its core businesses and competencies
March 16, 2024
M&A
SATS strengthens European cargo handling capability, capacity with Swedish acquisitions
SATS has proposed the acquisitions of two Stockholm Arlanda operators for some $12 million.
March 15, 2024
Results
SATS reports loss of $29.9 mil for 1QFY2024, its first financial statement since WFS acquisition
SATS had a greater loss per share of 2 cents, but its group revenue increased to $1.2 billion in this period.
August 15, 2023
Aviation & Engineering
SATS announces new organisational structure and new key executive appointments
“The changes in the organisational structure and leadership is an expression of SATS’ transition into a global company."
June 16, 2023
Results
SATS reports loss of $26.5 mil for FY2022/2023 due to one-off merger and acquisition expenses
The group has declared no dividends for the period.
May 29, 2023