SATS wholly-owned subsidiary Worldwide Flight Services (WFS) has been awarded a new five-year cargo handling contract with Emirates SkyCargo at Frankfurt Airport, according to a release from WFS on Apr 15.
The agreement is the latest of the collaboration between SATS and WFS with Emirates, with the group now providing gateway services at 21 stations across the airline’s global network.
Frankfurt Airport, as one of Europe's busiest cargo hubs, serves as a critical gateway in Emirates' European network, with the freight division offering a weekly cargo capacity of over 1,400 tonnes.
Shares in SATS closed 2 cents higher or 0.755% up at $2.67 on Apr 15.
