SATS Full of Potential

11 Eyl

SATS, a former superstar, seems to be making a comeback this year. The pandemic and WFS acquisition raised many doubts about management, but the latest excellent quarterly results and dividend distribution show that the company is coming back stronger. The recent contract renewal with SIA and the acquisition of Menzies World Cargo (Amsterdam) to expand EU market capacity signal growing demand for cargo handling recovery. SATS appears to be regaining investor confidence.