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Sats to invest over $250m to upgrade operations, cargo handling infrastructure at Changi Airport
The Straits Times
|May 16, 2025
Singapore-listed ground handler and in-flight caterer Sats will be investing over $250 million to upgrade its ground operations and cargo handling infrastructure at Changi Airport.
The investment includes over $150 million to be spent over the next five years to renew and expand its Singapore Hub's (SG Hub) ground support equipment fleet, it announced in a filing on the Singapore Exchange on May 15. This fleet refers to specialised commercial vehicles used to support airport operations.
The project will involve refurbishing 500 of these commercial vehicles and equipment, which is about 40 per cent of SG Hub's current ground support equipment motorised fleet.
The investment will also help Sats expand to support growing business volumes.
Sats will spend $100 million to enhance cargo operations over the next two years.
It will also leverage technology like autonomous vehicles and artificial intelligence to boost productivity.
Diese Geschichte stammt aus der May 16, 2025-Ausgabe von The Straits Times.
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