Company: Singapore Airport Trml Svcs Ltd
Current P/E: 15.83
Current Price: 2.81
Core Business
The company is the leading provider of integrated ground handling and inflight catering services at Singapore Changi Airport. Through joint ventures, SAT' network of ground handling and airline catering operations spans 15 airports in the Asia Pacific region.
The company provides the following services to its airline clients:
- Ground handling services, including: air freight handling services; passenger services; baggage handling services; and apron services;
- Inflight catering services, including aircraft interior cleaning and cabin handling;
- Aviation security services;
- Airline laundry services; and
- Air cargo delivery and management services.
SATS has more than 50 years of experience in the business and was listed on the SGX Mainboard in May 2000.
Management Strategies
Singapore Airport Terminal Services Limited (SATS) is an investment holding company. The Company's other activities include rental of premises and provision of management services to related companies. As of March 31, 2010, the Company handles 80% of the scheduled flights and serves about 50 of the 68 scheduled airlines out of Singapore Changi Airport. It has a presence in 31 airports in nine countries in Asia. The Company is an associated company of Venezio Investments Pte Ltd, a subsidiary of Temasek Holdings (Private) Limited. The Company ceased to be a subsidiary of Singapore Airlines Limited effective September 1, 2009.
Business Risk
1. Aviation Demand 2. Economy and Sentiments 3. Tourism 4.Food Solutions
No comments:
Post a Comment