SINGAPORE: SATS has split its airport ground handling services business into Singapore and Asia-Pacific units, in a bid to drive company growth.
The Singapore-based company announced in a press release on Wednesday (Jul 10) that it had restructured its Gateway Services business to form two new units: the Singapore Hub and Gateway Services Asia-Pacific.
The Singapore Hub will focus on driving aviation hub competitiveness in Singapore while Gateway Services Asia-Pacific will concentrate on growing the group's market share in Asia Pacific by managing operations in overseas airports.
SATS chief operating officer Henry Low will be appointed chief executive officer of the Singapore Hub. The current CEO of Gateway Services Bob Chi will be redesignated as CEO of Gateway Services Asia-Pacific. Both appointments will take effect from Oct 1.
SATS is the world's largest provider of air cargo handling services, among other services.
Speaking at a press conference on Wednesday, Mr Chi said his priority will be to expand the unit's footprint, adding that it already has a presence in 44 locations across eight countries in the Asia-Pacific region.
"We are in very good markets already. For instance, in India, we are in partnership with the Tata Group and the organic growth itself is tremendous," he said.
"They are going to add into their fleet 450 aircraft in the next couple of years so there's already a huge potential for growth."
Mr Low said his focus will be on equipping the teams with the skills and technology to deliver quality service on time.
Responding to questions about how the restructuring would affect existing jobs, SATS CEO Kerry Mok said that the company was still hiring “aggressively”, adding that there are no layoffs.
"Part of the restructuring is to allow us to tap into the talent pool that we have here," said Mr Mok.
"We are trying to partner with universities, as well as polytechnics and ITE (Institute of Technical Education), to actually create a stream of, hopefully, Singaporean talents that we bring into our company and give them the opportunity to also experience overseas posting," he added.
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The Singapore-based company announced in a press release on Wednesday (Jul 10) that it had restructured its Gateway Services business to form two new units: the Singapore Hub and Gateway Services Asia-Pacific.
The Singapore Hub will focus on driving aviation hub competitiveness in Singapore while Gateway Services Asia-Pacific will concentrate on growing the group's market share in Asia Pacific by managing operations in overseas airports.
SATS chief operating officer Henry Low will be appointed chief executive officer of the Singapore Hub. The current CEO of Gateway Services Bob Chi will be redesignated as CEO of Gateway Services Asia-Pacific. Both appointments will take effect from Oct 1.
SATS is the world's largest provider of air cargo handling services, among other services.
Speaking at a press conference on Wednesday, Mr Chi said his priority will be to expand the unit's footprint, adding that it already has a presence in 44 locations across eight countries in the Asia-Pacific region.
"We are in very good markets already. For instance, in India, we are in partnership with the Tata Group and the organic growth itself is tremendous," he said.
"They are going to add into their fleet 450 aircraft in the next couple of years so there's already a huge potential for growth."
Mr Low said his focus will be on equipping the teams with the skills and technology to deliver quality service on time.
Responding to questions about how the restructuring would affect existing jobs, SATS CEO Kerry Mok said that the company was still hiring “aggressively”, adding that there are no layoffs.
"Part of the restructuring is to allow us to tap into the talent pool that we have here," said Mr Mok.
"We are trying to partner with universities, as well as polytechnics and ITE (Institute of Technical Education), to actually create a stream of, hopefully, Singaporean talents that we bring into our company and give them the opportunity to also experience overseas posting," he added.
Continue reading...