SATS HK to Provide Handling Services to Singapore Airlines

Sept. 30, 2010
SATS HK will provide ramp and baggage handling services for SIA’s seven daily passenger flights at the Hong Kong International Airport.

Singapore, 30 September 2010 – SATS Ltd. announced today that its wholly-owned subsidiary, SATS HK Limited, has won the ground handling rights for Singapore Airlines (SIA) in Hong Kong.

From Oct. 1, 2010, SATS HK will provide ramp and baggage handling services for SIA’s seven daily passenger flights at the Hong Kong International Airport (HKIA).

“SATS is pleased to have the opportunity to support SIA in Hong Kong. SIA has been a major customer for SATS both in Singapore as well as overseas. This opportunity to work with SIA in HKIA underscores our global key strategy to serve major customers at the key hubs where they operate, as well as drive customer intimacy for SATS,” said Clement Woon, president and chief executive officer of SATS.

Woon added, “SATS has always pride itself in providing efficient and excellent service to all our airline customers. This new account win is testament to the efforts that we have put in to provide quality services to our customers, and puts an emerging ground handler like SATS HK in good stead for growth in this market.”

This win is not expected to have any material impact on the SATS Group’s earnings per share and net tangible assets per share for the current financial year ending 31 March 2011.