Air India has awarded cargo and ground handling contracts to SATS Ltd (SATS) and its wholly-owned subsidiary Worldwide Flight Services (WFS) across multiple major airports in regions in Asia, Europe, the Middle East and North America. The airline renewed 11 contracts and awarded 14 new contracts after a global tendering process, significantly expanding Air India’s […]
Singapore-headquartered SATS Ltd (“SATS”), the world’s largest provider of air cargo handling services and Asia’s pre-eminent provider of food solutions, has signed a Memorandum of Understanding (MoU) with SF Group, the leading express delivery and logistics service provider in China and globally, to expand their strategic collaboration and supply chain optimisation into a global footprint. […]
Worldwide Flight Services (“WFS”) today announced that SATS Ltd. (“SATS”) has reached an agreement to acquire WFS from an affiliate of Cerberus Capital Management (“Cerberus”). The transaction is valued at an enterprise value of €2.25 billion. The transaction will bring together WFS, the world’s largest air cargo handler with leadership positions in the Americas and […]
