SATS reported its unaudited results for the three months ended 30 June 2024 (1Q FY25). In 1Q FY25, SATS Group's revenue increased by 15.5% to S$1.37 billion compared to the same period last year arising from both Gateway Services and Food Solutions. Revenue for Gateway Services increased by 12.0% YoY to S$1,059.5 million. This growth was attributed to the increase in air cargo volume driven by high-tech shipments, growth of eCommerce, and the shift from ocean freight due to the … [Read more...] about SATS posts S$65m 1Q net profit on robust growth
SATS Group
Worldwide Flight Services wins 5-year ramp handling license at New York JFK’s Terminal 4
Worldwide Flight Services (WFS), a member of the SATS Group, has won a 5-year license to provide ramp handling for aircraft at New York’s John F. Kennedy International Airport’s Terminal 4. The license was awarded by JFK International Air Terminal (JFKIAT) – the operator of JFK’s Terminal 4 – and follows an extensive review of potential service providers’ operations, presence at JFK and in North America, financial status, safety record and processes, and service testimonials. WFS is already an … [Read more...] about Worldwide Flight Services wins 5-year ramp handling license at New York JFK’s Terminal 4
China Airlines’ new contract extends its partnership with Frankfurt Cargo Services (FCS) beyond 25 years
Frankfurt Cargo Services (FCS) has earned a new multi-year cargo handling contract with China Airlines, extending their partnership at Frankfurt Airport, Germany’s biggest air cargo gateway, to more than 25 years. China Airlines signed its first cargo handling agreement in 2000 with FCS, a subsidiary of Worldwide Flight Services (WFS), part of the SATS Group. Today, it is the most longstanding airline customer of FCS, transporting some 25,000 tons of cargo annually on its Boeing 777 flights … [Read more...] about China Airlines’ new contract extends its partnership with Frankfurt Cargo Services (FCS) beyond 25 years
BioNatur honours WFS for pioneering the use of biodegradable plastics in the global air cargo industry
BioNatur Plastics has recognised Worldwide Flight Services’ (WFS), a member of the SATS Group, commitment to sustainability and honoured Stephanie Peacock, Director of Sourcing & Supply in North America at WFS, with its first ‘Pioneer Award’ for inspiring the introduction of biodegradable plastic products into the global air cargo industry. Since WFS became the launch customer for BioNatur Plastics’ biodegradable stretch wrap and pallet covers for cargo shipments in North America, … [Read more...] about BioNatur honours WFS for pioneering the use of biodegradable plastics in the global air cargo industry
WFS signs up airside transport fleet for HVO biofuel trial at Heathrow Airport
Worldwide Flight Services (WFS), a member of the SATS Group, is starting a three-month trial using HVO biofuel in its airside transport fleet at London’s Heathrow Airport in support of SATS’ environmental, social and governance (ESG) group priorities and Heathrow’s goal for all airport vehicles to be zero-emission or using biofuels by 2030. Commencing on 1 July 2024, the trial Initially involves two of WFS’s airside transport vehicles. Based on the successful outcome of the trial, WFS will … [Read more...] about WFS signs up airside transport fleet for HVO biofuel trial at Heathrow Airport
Swiss WorldCargo commences 3-year cargo handling contract with Worldwide Flight Services in Milan Malpensa Airport
Worldwide Flight Services (WFS), a member of the SATS Group, has commenced a new three-year cargo handling contract with Swiss WorldCargo at Milan Malpensa Airport in Italy. WFS expects to handle annually 2,000 tonnes of cargo in Milan Malpensa for the airfreight division of SWISS, which serves the Italian city with 28 weekly flights using narrowbody Airbus A320/321 and Embraer aircraft. Additionally, Swiss WorldCargo’s customers will continue to benefit from road feeder services connecting … [Read more...] about Swiss WorldCargo commences 3-year cargo handling contract with Worldwide Flight Services in Milan Malpensa Airport