Analyz - SATS, SIA Engineering, ST Engineering

Since the speech by MM Lee of Singapore on the need for SIA to focus on its core airline business, there have been talks of merging SIA Engineering (SIAE) with ST Engineering. Now both associates of SIA, SIAE and SATS have jumped and SATS today announced its wide scope cooperation agreements, with SATS providing technical consultation businesses and managing the Karachi flight kitchen of national carrier Pakistan International Airlines (PIA). By expanding gradually abroad with up to 13 JVs overseas already, SATS is improving investor relations and developing long term partnerships in the airline catering and services sector. Furthermore this will also make SATS more recognized to foreign carriers, who would be more comfortable with working a trusted name like SATS in Singapore, enhancing its solid standing.