SINGAPORE-BASED sats announced an investment of over SAD250 million (US$192 million) for its Singapore Hub (SG Hub) to upgrade its ground operations and cargo handling infrastructure at Changi Airport, reports Singapore's Asian Aviation.
The investment includes over SAD150 million to be spent over the next five years for the renewal and expansion of SG Hub's ground support equipment (GSE) fleet - these are specialised commercial vehicles used to support airport operations - and SAD100 million to enhance cargo operations over the next two years.
These strategic initiatives will enhance operational reliability and safety, optimise turnaround times, and support growing cargo volumes at Changi Airport through to the mid-2030s when the new Terminal 5 and Changi East Industrial Zone (CEIZ) are projected to commence operations.
These investments demonstrate SATS' commitment to the Changi ecosystem as well as the importance of the Singapore Air Hub to our business globally.
Henry Low, CEO, SATS Singapore Hub, said: 'While the opening of Changi Airport Terminal 5 is about 10 years away, SATS is already undertaking extensive preparations to handle future operational demands by modernising our equipment and infrastructure alongside efforts to raise and sustain a future-ready and resilient workforce.
'As a Singapore-headquartered multinational company, Changi Airport remains the cornerstone of our business strategy and a flagship hub for our global network. These upgrades and enhancements will enable us to support our airline customers more effectively and ensure that Singapore continues to excel as a world-leading air hub,' Mr Low said.
SeaNews Turkey
The investment includes over SAD150 million to be spent over the next five years for the renewal and expansion of SG Hub's ground support equipment (GSE) fleet - these are specialised commercial vehicles used to support airport operations - and SAD100 million to enhance cargo operations over the next two years.
These strategic initiatives will enhance operational reliability and safety, optimise turnaround times, and support growing cargo volumes at Changi Airport through to the mid-2030s when the new Terminal 5 and Changi East Industrial Zone (CEIZ) are projected to commence operations.
These investments demonstrate SATS' commitment to the Changi ecosystem as well as the importance of the Singapore Air Hub to our business globally.
Henry Low, CEO, SATS Singapore Hub, said: 'While the opening of Changi Airport Terminal 5 is about 10 years away, SATS is already undertaking extensive preparations to handle future operational demands by modernising our equipment and infrastructure alongside efforts to raise and sustain a future-ready and resilient workforce.
'As a Singapore-headquartered multinational company, Changi Airport remains the cornerstone of our business strategy and a flagship hub for our global network. These upgrades and enhancements will enable us to support our airline customers more effectively and ensure that Singapore continues to excel as a world-leading air hub,' Mr Low said.
SeaNews Turkey
