Jetstar Asia takes off on its inaugural flight from Singapore to Hong Kong. The addition of Jetstar Asia brings SATS' new client wins in the low cost carrier market segment to three.
22 November 2004
SATS secures another new client win with Air Zimbabwe, whose inaugural flight from Harare, Zimbabwe arrives at Singapore Changi Airport, marking the first direct air link between Singapore and Zimbabwe.
28 October 2004
SATS Group records a net profit of S$31.4 million for the second quarter of FY2004-05.
22 September 2004
SATS restructures its workforce to gear up for increased competition, releasing 108 staff from employment and offered another 1,064 staff re-employment in contract companies.
15 September 2004
Tiger Airways is a second low cost carrier client win in under six months.
01 September 2004
SATS Security is engaged to man and operate the new state-of-the-art Hold Baggage Screening System (HBSS), a S$79 million investment by the Civil Aviation Authority of Singapore to handle checked baggage screening.
30 July 2004
SATS Group posts net profit of S$49.3 million for the first quarter of FY2004-05.
17 June 2004
SATS doubles its stake to 49% in Asia Airfreight Terminal Company Limited (AAT) to become the single largest shareholder in the company.
03 June 2004
Austrian Airlines signs up as a new client.
29 May 2004
Shandong Airlines joins SATS' client list.
14 May 2004
SATS Group posts net profit of $189.8 million for FY2003/2004.
05 May 2004
SATS welcomes Valuair as its new client.
20 April 2004
SATS acquires a 49.8% stake valued at US$60 million in JAS Airport Services. This marks SATS' entry into the growing Indonesian airport ground handling market. This is SATS' 13th operating overseas venture and the largest one to date.
25 February 2004
First Cambodia Airlines is SATS second consecutive client secured in one month.
17 February 2004
SATS secures another new client win with Bayu Air.
05 February 2004
Signs of continued financial recovery are evident as SATS announces $67.9 million net profits in the third quarter of FY2003/2004.
02 January 2004
Mr Ng Chin Hwee is appointed Chief Executive Officer of the SATS Group.
