As airlines begin to gear up for a potential recovery, providers of ancillary services such as ground gateway services, food catering, and baggage handling are also getting ready to ride on their tailwind once again.

For Singapore, this service provider is Sats, which booked a 29.3% y-o-y increase in revenue to $569.5 million in 1HFY2022 ended Sept 30. Patmi stood at $13.2 million, a stark reversal from the $76.9 million loss in the same period last year although the bottom line was heavily helped by government wage subsidies. Sats said without government reliefs, 1HFY2021 would have posted a loss of S$65.5 million.

Previously, travellers who flew out of Singapore would have been served by a Sats’ employee at the check-in counter and have had their luggage loaded on the plane by a Sats’ employee. They would have stepped on a Sats’ aerobridge to board their flight and, perhaps, had a meal onboard prepared by one of Sats’ food kitchens.

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