One Network, Infinite Possibilities

SATS will be convening its 53rd Annual General Meeting (AGM) at the Grand Ballroom, Level 4, Grand Copthorne Waterfront Hotel Singapore, 392 Havelock Road, Singapore 169663 on Friday, 17 July 2026 at 10.00 a.m. The meeting will be held in a wholly physical format. There will be no option for shareholders to participate virtually.


A Year In Review

SATS achieved record full-year revenue in FY2026, with growth across both Gateway Services and Food Solutions driving a 17.0% increase in PATMI. These results were achieved against a backdrop of tariff escalations and the onset of the Middle East conflict, underscoring the resilience and scale of the Group's global network. SATS' cargo volumes outperformed IATA's global benchmarks for ten consecutive quarters, while EBITDA margin expanded on improved operating leverage across the expanded business portfolio.


Resilience Moves the World

Across borders and shifting trade lanes, we keep cargo moving with precision and reliability. When routes change and air corridors close, our network finds another way. Global trade does not wait, and neither do we.

Where Comfort Travels with You

Behind every smooth departure, our people are at work. From check-in to the lounge, we orchestrate the details that make travel feel effortless, so that by the time travellers board, they already feel cared for.

Taste, Perfected at Scale

Across skies and cities, we deliver quality and consistency at scale through new technologies. We blend our culinary expertise with operational strength to serve diverse tastes. Because food connects us all.


Dear Shareholders,

SATS delivered record revenue in FY2026 despite a year that tested global aviation in ways few had anticipated. Tariff escalations disrupted established trade flows. Conflict in the Middle East added to macroeconomic uncertainties. Through it all, our business kept growing.

The resilience of our network, strength of customer relationships, and disciplined execution across business lines made all the difference. SATS operates the world's leading global air cargo platform. We are present in 14 of the top 30 air cargo stations worldwide and operate a network spanning more than 225 locations in 27 countries. Our diversified network operates around the world, around the clock. When tariff shifts pushed cargo away from US trade lanes, our stations in the Asia Pacific and Europe absorbed the difference. When the Middle East conflict disrupted Gulf-linked air corridors, carriers pivoted to alternative routes through Asia Pacific and European hubs where we are present. Our proven ability to execute at scale for customers, amid volatile conditions, represents a durable competitive advantage that strengthens our long-term earnings profile. 

Irving Tan
Chairman

Kerry Mok
President & Chief Executive Officer

Year-on-year Growth



Successfully Achieved

+9.0%

Group Revenue
 

+17.0%

Group PATMI
 

+43.0%

Proposed Final Dividend

78.1% Gateway Services
21.9% Food Solutions

S$6,345.5M

Total Revenue

Gateway Services Operations Review

This year, Gateway Services strengthened its position as a trusted partner across the global aviation ecosystem. Leveraging our global network, we delivered safe and reliable services across key stations while adapting swiftly to evolving operational demands and customer needs.

Food Solutions Operations Review

Across our network of kitchens and supply chains, we combine culinary expertise with operational discipline to deliver quality and consistency at scale, from sourcing to the last mile.
 


SATS Business Strategy

At SATS, we are committed to building a resilient, future-ready business with the scale and capabilities to lead across the markets we serve.

Our strategy is centred on continuing to grow our two core business lines, Gateway Services and Food Solutions, while strengthening the capabilities that enable them to scale effectively. Technology, data and operational excellence underpin how we deliver consistently across markets, while enhanced commercial capabilities will help drive sharper customer engagement. By leveraging our scale, developing integrated solutions and a common operating backbone, we can uplift performance and deliver greater value. Our approach is grounded in disciplined execution, a strong safety culture and sustained investment in our core capabilities, enabling us to capture the compounding advantages of our platform.


Corporate Social Responsibility

We believe strong communities are built through care, collaboration, and opportunity. Together with our partners, we empower people and contribute to a better future for all.

People

More than 57,000 people, across 27 countries, moving as one.


Sustainability

-17%

Scope 1 and 2 Emissions
Compared to Baseline

27%

Adoption of Low-Emission Vehicles 

42%

Use of Renewable Energy 


"At SATS, sustainability remains central to our approach in pursuing growth, managing risk and enhancing resilience throughout our global operations. We are progressing towards fulfilling our 2030 decarbonisation commitments by reducing our carbon footprint as we continue to expand our network. Simultaneously, we continue to invest in our workforce, maintain safety as a priority and uphold the highest standards of trust."
 
KERRY MOK
President & Chief Executive Officer
 

We address climate change by reducing greenhouse gas emissions and waste through energy transition initiatives, a lower-carbon fleet, low-impact refrigerants and responsible resource management across our operations
.

We protect and develop our workforce by strengthening safety, inclusion and skills to support a future-ready organisation.
 

We operate as a trusted partner by delivering safe, high-quality services, protecting data and complying consistently with laws, regulations and ethical standards in every market.
 

We strengthen enterprise resilience by enhancing operational continuity, cyber-resilience, supply chain robustness and climate adaptation capabilities.
 


Annual Report

PDF 10.69MB


Sustainability Report

PDF 15.09MB


ESG Data Book

MS-EXCEL 18MB


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