SATS wins 25-year cargo terminal concession in Riyadh

SATS Saudi Arabia Company, a subsidiary of parent ground handling service provider SATS, has won a cargo terminal concession in Riyadh International Airport (RUH), the Main Board-listed company announced in a bourse filing this morning. The move is intended to establish a cargo corridor for the company in the Middle East linking Oman, Dammam and […]

Temasek-backed SATS plunges on macro headwinds, Jet Airways

Singapore airline services provider, SATS Ltd., plunged after it reported a drop in earnings due to global macro headwinds and suspension of an Indian airline. Shares of SATS plunged as much as 5.6% on Friday, the most in nearly seven years. The provider of in-flight meals and ground-handling services, considered a bellwether of global economy, […]

CCN, Microsoft launch blockchain air cargo billing, costing and reconciliation system

Singapore-based logistics company Cargo Community Network (CCN) and Microsoft launched a blockchain-based billing, costing and reconciliation system for air cargo at the International Air Transport Association (IATA) World Cargo Symposium in Singapore this week. The blockchain-based system, developed on Microsoft’s Azure cloud computing service, is designed to minimize billing discrepancies, accelerate billing reconciliation and provide […]

Top 40 airport rankings: Which ones rose? Which fell?

Kings of the hill The top three airports on the total air cargo list remain unchanged from the year before – Hong Kong International Airport (HKG) with 4.46 million tonnes, followed by FedEx hub Memphis International (MEM), with 4.29 million tonnes and Shanghai’s Pudong International (PVG), with 3.26 million tonnes. Trans-shipment specialist Anchorage swapped fourth […]

SATS setting up cargo handling shop in Saudi Arabia

A 150,000-tonne-capacity cargo facility, set to open in 2019 in Dammam, Saudi Arabia, will make SATS the first international cargo handler to operate in Saudi Arabia, said the Singapore-based aviation service provider. Located at Dammam’s King Fahd International Airport (KFIA), the new facility is part of a broader privatization program, set to officially commence in […]

Swiss WorldCargo, Cargologic, SATS launch quality corridor

Swiss WorldCargo, Cargologic and SATS have established a secure temperature-controlled, quality corridor between Singapore and Zurich, the consortium announced earlier this week. The three cargo-handling companies have synchronized their Singapore-Zurich facilities and procedures to deliver accurate, reliable shipments along all steps of the airfreight chain. The collaboration, according to a representative, will facilitate paperless cargo […]

Details emerge on new SATS, Oman Air joint venture

Muscat-based Oman Air has agreed to transfer its cargo operations into a new joint venture with SATS Investments Ptd Ltd, the wholly-owned subsidiary of Singapore-based SATS Ltd., and let SATS assume its cargo handling duties at Muscat International Airport under the heading of the newly formed company, Oman SATS Cargo LLC. As part of the […]

Swiss WorldCargo, Cargologic, SATS form partnership

Three powerhouses of airfreight and airport services have joined together to improve their cool-chain handling abilities. Oliver Evans, Swiss World Cargo’s chief cargo officer, Marco Gredig, managing director of Cargologic, and Alex Hungate, president and CEO of SATS, signed a memorandum of understanding Jan. 13, outlining the collaboration. The three said they will focus on […]

More cargo for Singapore ground handler

In the first quarter of 2014, Singapore ground handler SATS saw 4.9 percent more airfreight year over year. Revenue increased by 0.2 percent to US$435.2 million, and the number of flights grew by 2.5 percent. SATS said it is growing new businesses and customer segments. “Our operating landscape remains challenging in view of rising manpower […]
  • July 22, 2014

SATS handles more freight

Ground handler SATS Ltd. handled 4.4 percent more airfreight year over year during the fourth quarter of fiscal year 2013, which ended March 31. Meanwhile, SATS’ revenue dropped 3.2 percent year over year to US$434.6 million. Revenue from gateway services increased by 1.1 percent to US$167.1 million on the back of modest growth in flights […]
  • May 23, 2014

Companies pursue cool chain pharma developments

UPS and Singapore Air Terminal Services Ltd. (SATS) both announced cool chain developments for the pharma industry. UPS has completed the purchase of UK-based Polar Speed, a provider of temperature-sensitive pharmaceutical supply chain services in the UK. The purchase is part of UPS’s health care strategy. Polar Speed specializes in active temperature-controlled deliveries to hospitals, […]
  • February 12, 2014