SATS
‘No one wants to do that role’: Singapore aviation looks to F1 tactics for lessons amid labour crunch
Sats CEO Kerry Mok argues that the sector can no longer afford decade-long development cycles
Changi Airport turns to driverless tractors to boost tarmac productivity
They are being used to transfer passenger bags between Terminal 1 and 4
DBS lifts target price of ST Engineering, Sats; cuts SIAEC to ‘hold’
It favours upstream aviation service providers
Sats Q2 net profit up 13.3% at S$78.9 million as clients front-load orders ahead of US tariffs
The group declares an interim dividend of S$0.02 per share, higher than S$0.015 a year ago
Singapore shares fall on Friday, in line with regional declines; STI slips 0.2%
Across the broader market, decliners exceed advancers 359 to 216, as 1.4 billion securities worth S$1.4 billion change hands
Sats rises 2.5% on Q1 profit growth
The counter climbed 5.7% to hit a three-week high of S$3.36 in early trade
Sats grows Q1 profit 9.1% to S$70.9 million with higher cargo, food service volumes
Significant customer wins by the airline caterer include Cathay Cargo, Emirates SkyCargo and Riyadh Air
Sats opens new cargo handling facility at Changi to cut processing time by 20%
The BUP Handling Centre can process cargo in as little as two hours
Sats CEO Kerry Mok’s pay rises 30.5% to S$3.1 million
Group suspends economic value added-based incentive plan for senior management from April 2024, but grants one-off transformation long-term incentives award
