Singapore ground handling services firm SATS to buy Worldwide Flight Services

Singapore ground handling services firm SATS to buy Worldwide Flight Services

Merlion, Singapore. Photo by Jisun Han on Unsplash.

Singapore-based ground handling services firm SATS Ltd is acquiring Worldwide Flight Services (WFS) for 1.19 billion euros ($1.14 billion) in cash, making the combined group the world’s biggest global air cargo handler, the companies said on Wednesday.