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Airports

SATS extends deeper into Malaysia

14 November 2017

SATS Ltd of Singapore has formally completed a ground-handling partnership with low-cost Malaysian carrier AirAsia.

Under the terms of the partnership, SATS will acquire a 50% interest in Ground Team Red Holdings Sdn Bhd (GTRH). GTRH will be renamed SATS Ground Team Red Holdings Sdn Bhd, which will be a 50:50 joint investment between AirAsia and SATS that will hold stakes in both its Malaysia and Singapore subsidiaries, Ground Team Red Sdn Bhd (GTR) and SGSS respectively.

AirAsia will effectively own 51% of GTR and 40% of SGSS while SATS will effectively own 49% of GTR and 60% of SGSS.

See related article at: http://www.janesairport360.com/article/9532/sats-smartens-ramp-operations

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RELEVANT PROFILE LISTINGS

  • POITIERS BIARD

    PIS/LFBI AIRFIELD REF PT.: N46 35.15 E000 18.24 ELEVATION : 423' 129m CFR : 5 MAX RWY LENGTH : 7,710' 2,350 m General Information SURFACE : Rwy 03/21, 7,710' 2,350 m, width 148' 45 m, asphalt, PCN 44 F/C/W/T. ADDITIONAL RUNWAYS : Rwy 03R/21L, 2,297' 700 m, width 148' 60 m, grass, Rwy 03L/21R,

  • HORTA

    HOR/LPHR AIRFIELD REF PT.: N38 31.19 W028 42.95 ELEVATION : 118' 36m CFR : 6 MAX RWY LENGTH : 5,233' 1,595m General Information SURFACE : Rwy 10/28, 5,233' 1,595 m, width 148' 45 m, asphalt. ADDITIONAL RUNWAYS : None. RUNWAY LIGHTING : Rwy 10: LIRL, REIL, ALSF-2, PAPI.Rwy 28: LIRL, REIL, ALSF-2,

  • PICO

    PIX/LPPI AIRFIELD REF PT.: N38 33.16 W028 26.29 ELEVATION : 109' 33m CFR : 0 MAX RWY LENGTH : 5,725' 1,745m General Information SURFACE : Rwy 09/27 Twy, 5,725' 1,745 m, width 148' 45 m, asphalt, PCN 80 F/B/W/T. ADDITIONAL RUNWAYS : None. RUNWAY LIGHTING : Rwy 09: LIRL, PAPI.Rwy 27: LIRL, ALSF-2,

  • SANTA MARIA

    SMA/LPAZ AIRFIELD REF PT.: N36 58.28 W025 10.24 ELEVATION : 308' 94m CFR : 7 MAX RWY LENGTH : 10,000' 3,048m General Information SURFACE : Rwy 18/36, 10,000' 3,048 m, width 197' 60 m, concrete. ADDITIONAL RUNWAYS : Rwy 15/33, 6,004' 1,830 m; Rwy 04/22, 4,345' 1,324 m; both asphalt; both closed.

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