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Middle East Unrest Has Not Significantly Impacted Sats Operations; Shares Tumble 6%

TigerNews SG03-09 11:15

Sats, which maintains operations in Saudi Arabia and Oman, reports that its activities in the region have not faced any significant disruptions.

The company expressed serious concern regarding the unprecedented airspace closures in certain Gulf nations, which are impacting the worldwide air cargo supply chain.

Although flight interruptions might cause temporary delays for some shipments, Sats indicated that air cargo generally finds alternative pathways as supply chains adapt. The company stated that its global footprint enables its network to alleviate or handle supply chain interruptions and to accommodate shifting trade patterns.

Sats views the Middle East as a rapidly expanding region full of opportunities, fueled by demand from e-commerce and specialized cargo services like pharmaceuticals, temperature-sensitive goods, and time-critical express shipments.

The company's operations in Saudi Arabia saw a 12% rise in handled air cargo volume from 2024 to 2025, although this represents only a minor portion of its total global tonnage.

SATS tumbles 6.03% at 11:17 am, Mar 9th.

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