SATS bests aviation service providers amid industry turbulence

It’s the only company to see any earnings growth.

SATS is besting its aviation service provider peers, according to a report by OCBC.

SATS has singularly displayed resilience amid the turbulent industry. Operational improvements along with disciplined cost management have driven SATS’ earnings upwards. Moreover, OCBC asserts that the company is likely to enjoy sustained stable growth thanks to productivity gains and anticipated improved contributions from overseas investments.

Meanwhile, competitors have been floundering.

ST Engineering has been dragged down by its marine segment, recording a 1% dip in 9M15 profits. 

SIA Engineering Company also saw earnings tumble across all three quarters of CY15 as improved airworthiness of aircraft and engines led to longer intervals between workshop visits. OCBC further notes that the company will likely have to weather headwinds for at least another 12 to 18 months.