India’s ambitions to become a major logistics hub could steer in a positive direction with the planned construction of a cargo facility at Noida International Airport, which is scheduled to be completed at the end of 2024. Singapore-based cargo handler SATS announced on Monday last week, 13 February, that its Indian subsidiary AISATS, a joint venture with Tata-owned Air India, has been selected to design, build, finance and operate a multimodal cargo hub by Yamuna International Airport … [Read more...] about SATS Indian unit to build cargo hub near Delhi
SATS Ltd
Asia’s handlers suit up for Li-batt shipments
Asia’s cargo handlers are preparing themselves to ensure the safe transport of lithium-battery shipments with Singapore’s SATS Group and Hong Kong’s Hactl recently securing their certifications from IATA. Named ‘Centre of Excellence for Independent Validators Lithium Batteries’ (CEIV Li-batt), the International Air Transport Association (IATA) certification programme establishes baseline standards to improve competency and quality management in the handling and carriage of lithium batteries, … [Read more...] about Asia’s handlers suit up for Li-batt shipments
SATS to become largest handler with WFS merger
A week after news broke about a potential acquisition that would see a combination of the world’s top ground handlers, Singapore-based catering and gateway services SATS Ltd has announced a proposal to acquire Paris-based air cargo handler Worldwide Flight Services at an enterprise value of €2.25 billion ($2.1 billion). SATS will acquire WFS from an affiliate of investment firm Cerberus Capital Management (Cerberus) and pay about €1.2 billion (US$1.2 billion) in cash. The deal will be … [Read more...] about SATS to become largest handler with WFS merger
TIACA bolsters Board with four new appointments
The International Air Cargo Association (TIACA) has added four new members on its board of directors, broadening the industry expertise of the current Board. Following a year of internal re-organization and the changing of governance structure, Liana Coyne of Coyne Airways, Bob Chi of SATS Ltd, Manel Galindo of WebCargo, and Hendrik Leyssens of Swissport will join the board to fill roles that have been underrepresented in the past. “Each new Board member has been vetted by the Executive … [Read more...] about TIACA bolsters Board with four new appointments