SINGAPORE -- In-flight catering giant SATS is setting the table for a transformation into a diversified food company that serves corporate clients and store customers, reducing its reliance on the aviation sector.
SATS to de-emphasize dependence on 'older brother' Singapore Airlines
In-flight meals and other aviation services made up 80% of revenue for SATS in the pre-pandemic era. © Reuters
SINGAPORE -- In-flight catering giant SATS is setting the table for a transformation into a diversified food company that serves corporate clients and store customers, reducing its reliance on the aviation sector.