SATS President on Business Strategy, Travel

The video discusses the post-pandemic recovery in aviation, highlighting the role of vaccinated travel lanes and market recovery. It emphasizes the growth in the cargo business due to ocean freight challenges and the expansion of food solutions and alternate proteins. The cruise business is also recovering, with optimism for future growth. The company is preparing for increased demand by investing in digital technologies and training staff.

What is the expected impact of easing pandemic restrictions on the aviation industry?

• Decrease in passenger travel

• Decrease in cargo business

• Increase in passenger travel

• No change in passenger travel

How does the vaccinated travel lane between Singapore and Malaysia affect the business?

• It has no effect on cargo business

• It increases passenger volume

• It decreases passenger volume

• It reduces cargo business

What is a significant factor driving the growth of the cargo business?

• Stable ocean freight rates

• Decrease in ocean freight rates

• Increase in ocean freight rates

• Decrease in air cargo demand

What is the focus of the food solutions business expansion?

• Reducing production

• Local markets only

• Non-travel segments

• Travel segments

What is Singapore's role in the alternate protein market?

• Not involved

• A hub for alternate protein

• A declining market

• A minor player

How is the cruise business expected to perform post-pandemic?

• Decline in bookings

• Steady growth

• No change

• Immediate return to pre-pandemic levels

What technological investment is the company making to support growth?

• Eliminating data sharing

• Reducing digital technologies

• Investing in digital control towers

• Focusing on manual processes