SATS’ Net Profit Triples Following Worldwide Flight Services Integration

SATS food container attached to airplane
Credit: SATS
SINGAPORE—Gateway services provider SATS’ net profit has tripled year-over-year due to strong air cargo demand and an enlarged market share following the company’s acquisition of Worldwide Flight Services in 2023. SATS’ net profit reached S$243.8 million ($189.6 million) for its financial year ended...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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