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WFS Expands Emirates Partnership with Frankfurt Cargo Contract

Story Highlights

An update from SATS ( (SG:S58) ) is now available.

Worldwide Flight Services (WFS), a SATS company, has secured a five-year cargo handling contract with Emirates SkyCargo at Frankfurt Airport, enhancing its existing partnership with the airline. This strategic agreement highlights WFS’s role in supporting Emirates’ operations, particularly at Frankfurt, a major cargo hub in Europe, and underscores the company’s investment in pharmaceutical handling capabilities and expertise in managing time-sensitive cargo.

More about SATS

SATS is a company involved in the aviation services industry, providing specialized gateway services and cargo handling solutions. It operates globally, focusing on secure and efficient cargo management, with a significant presence in key international markets.

YTD Price Performance: -25.38%

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.94B

See more data about S58 stock on TipRanks’ Stock Analysis page.

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