SATS

[Thriftville]

Is it true that SIA is setting up another baggage handler ? After all, SIA is no longer a shareholder of SATS. Food inflation is a factor as well. They are expanding into pig farming in China - is this the first step to creating a vertically integrated food processor ?

I think the gov is considering a 3rd handler, after the swiss handler left few years ago...

Ya, they are trying to do vertical integration. Not too sure if this model will cause them to lose focus on core business.