Hong Kong Airlines Acquires SATS HK

Aug. 7, 2017
The airline acquired 51 percent of the ground handling provider, which prior to the sale, was a subsidiary of Singapore-based SATS.

Hong Kong Airlines recently completed the majority purchase of SATS HK.

The airline acquired 51 percent of the ground handling provider, according to a report from ch-aviation. The report added that prior to the sale, SATS HK was a subsidiary of Singapore-based SATS which provides gateway services and food solutions at airports in Japan, China, Taiwan, Hong Kong, the Philippines, Singapore, India and the Maldives.

Per the report, Hong Kong Airlines has said that SATS HK will continue to provide services to its existing clients, while also improving the airline's own operations.

Read more: https://www.ch-aviation.com/portal/news/58384-hong-kong-airlines-completes-majority-acquisition-of-sats