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Error message
- Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/alfi/tes_website/sites/all/themes/tes/template.php).
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- Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/alfi/tes_website/sites/all/themes/tes/template.php).
- Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/alfi/tes_website/sites/all/themes/tes/template.php).
- Notice: session_start(): A session had already been started - ignoring in include() (line 2 of /home/alfi/tes_website/sites/all/themes/tes/templates/partials/modal_desktop.tpl.php).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/alfi/tes_website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
- Warning: Use of undefined constant REQUEST_URI - assumed 'REQUEST_URI' (this will throw an Error in a future version of PHP) in include() (line 46 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Trying to get property 'field_tags2' of non-object in include() (line 67 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Warning: Invalid argument supplied for foreach() in include() (line 67 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Trying to get property 'nid' of non-object in include() (line 71 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Trying to get property 'field_sections' of non-object in include() (line 71 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Trying to get property 'status' of non-object in include() (line 72 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Trying to get property 'type' of non-object in include() (line 78 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Undefined offset: 0 in getContentMeta() (line 479 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Notice: Undefined offset: 1 in getContentMeta() (line 480 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- Warning: preg_replace(): No ending delimiter '"' found in getContentMeta() (line 481 of /home/alfi/tes_website/sites/all/themes/tes/templates/html.tpl.php).
- User warning: The following module is missing from the file system: native_ad_mobile_app. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1143 of /home/alfi/tes_website/includes/bootstrap.inc).
- User warning: The following module is missing from the file system: tes_new_module. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1143 of /home/alfi/tes_website/includes/bootstrap.inc).
- Notice: Constant EVENT_INSERT already defined in require_once() (line 4 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/in_app_subscription/repositories/apple_subscription.repository.php).
- Notice: Constant EVENT_UPDATE already defined in require_once() (line 5 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/in_app_subscription/repositories/apple_subscription.repository.php).
- Notice: Constant REDIS_TTL_TAXONOMY already defined in include_once() (line 38 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_v2/tes_api_v2.module).
- Notice: Constant EVENT_INSERT already defined in require_once() (line 4 of /home/alfi/tes_website/sites/all/modules/custom/tes_gpt_summarize/repositories/tes_gpt_summarize.repository.php).
- Notice: Constant EVENT_UPDATE already defined in require_once() (line 5 of /home/alfi/tes_website/sites/all/modules/custom/tes_gpt_summarize/repositories/tes_gpt_summarize.repository.php).
- Notice: session_start(): A session had already been started - ignoring in include_once() (line 2 of /home/alfi/tes_website/sites/all/modules/custom/tes_simultaneous_login/tes_simultaneous_login.module).
- Warning: count(): Parameter must be an array or an object that implements Countable in _uc_line_item_list() (line 133 of /home/alfi/tes_website/sites/all/modules/ubercart/uc_order/uc_order.line_item.inc).
- Notice: Undefined index: issue_id in allow_view_pdf() (line 100 of /home/alfi/tes_website/sites/all/modules/custom/tes_pdf_viewer/tes_pdf_viewer.module).
- Notice: Trying to get property 'field_free_to_view_pdf' of non-object in allow_view_pdf() (line 101 of /home/alfi/tes_website/sites/all/modules/custom/tes_pdf_viewer/tes_pdf_viewer.module).
- Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 127 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
- Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 127 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
- Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 127 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
- Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 127 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
- Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 127 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
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Home Singapore Airport Terminal Services (SATS)
Results
SATS’ earnings increase more than three-fold for FY2025 from expanded network and business volume growth
SATS’ free cash flow turned positive $228.3 million as at the end of March, and the group generated a positive free cash flow of $155.2 million for the fourth quarter alone.
May 23, 2025
Results
SATS earnings for 3QFY2025 up 123.5% y-o-y to $70.4 million on business volume growth and rate increases
The group’s revenue for gateway services, food solutions and cargo volumes saw increases, on the back of travel recovery.
February 21, 2025
Aviation & Engineering
Sats and Mitsui smell opportunity in Japan
Sats' partnership with Japanese conglomerate, Mitsui, is just one of the group's latest moves as part of its expansion plans.
August 27, 2024
Sector Focus
Sats completes turnaround with better-than-expected FY2024
Sats' return to the black for its FY2024 has been driven by the global rebound in aviation and the smooth integration of WFS.
May 30, 2024
Services
SATS, whose 'digitalisation' is underway, grabs top spot; Silverlake Axis beats peers on ROE
SINGAPORE (Sept 16): SATS, which provides gateway services and catering to the aviation, hospitality, healthcare, freight and logistics, and government sectors, was the runner-up in the 2018 services sector of the Billion Dollar Club. It was edged out by
September 13, 2019
Markets
IMF cuts global forecast; Fed in focus
SINGAPORE (July 29): The European Central Bank has signalled the need for significant stimulus in the economy, as the growth outlook deteriorates. While the ECB has held rates unchanged for now, president Mario Draghi has indicated that lower interest rat
July 26, 2019
Disruption and Digitalisation
SATS and Dassault Systèmes create world's first virtual twin of in-flight kitchen
SINGAPORE (July 25): SATS, the airline gateway services and food solutions provider, is collaborating with Dassault Systèmes to enhance its in-flight kitchen operations.
July 25, 2019
Broker's Calls
SATS kept at 'buy' by CGS-CIMB on strategy of buying out rivals
SINGAPORE (June 17): CGS-CIMB Research is maintaining SATS at ‘add’ given the stock is a proxy for secular growth in air travel although M&As may require investor to be patient in the short term.
June 17, 2019
Markets
US ban on Huawei unnerves markets; more REIT listings in the pipeline?
SINGAPORE (May 27): The US’ decision to include Huawei Technologies on its US Entity List has added fuel to the trade tensions between itself and China.
May 27, 2019
Results
SATS FY18 earnings down on absence of one-off gain; buying 50% of Nanjing food firm for $31 mil
SINGAPORE (May 17): SATS continues its revenue growth with its FY18 ending Mar 31 results, with a 6% increase y-o-y to $1.8 billion, on the back of another strong 4Q2018 ending Mar 31 results which saw revenue grow 11.3% y-o-y to $471.5 million.
May 17, 2019