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Worldwide Flight Services (WFS)
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.
23 days ago
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
New appointments
Sats includes WFS key members to its global management board
The inclusion of the three key members of WFS is a recognition of their contributions, track record and experience.
May 03, 2023