SATS Ltd. said it will restructure its Gateway Services business to form two new business units: the Singapore Hub and Gateway Services Asia-Pacific, reflecting its strategic decision to continue investing in Singapore while scaling its international presence to capture growth opportunities overseas.

In a statement, SATS said Singapore Hub and Gateway Services Asia-Pacific will target growth in distinct and important market segments.

Singapore Hub will be dedicated to driving aviation hub competitiveness in Singapore, while Gateway Services Asia-Pacific will concentrate on growing SATS Group's APAC market share. 

"By focusing on Singapore, this unit will strengthen SATS' ability to support current and future needs for Singapore's Air Hub, which groups Changi Airport, Seletar Airport and the aviation industries at these gateways. By leveraging SATS' worldwide network, Singapore Hub can draw upon SATS' global capabilities and expertise and nurture best practices to ensure operational excellence, improved performance and a positive experience for airport users in Singapore," the announcement said.

Meanwhile, Gateway Services Asia-Pacific will manage operations in overseas airports, including SATS' network of overseas stations in the Asia-Pacific via our subsidiaries, joint ventures, and associates to deliver a unified level of service to our customers.

Bob Chi, currently chief executive officer (CEO) of Gateway Services, will be redesignated CEO of Gateway Services Asia-Pacific to draw on his deep experience and network in the aviation industry to drive long-term value overseas.

Henry Low, who is now SATS chief operating officer, will assume the post of chief executive officer Singapore Hub.

SATS said both appointments will take effect from October 1, 2024.