Singapore Airlines to acquire 70% in retail JV DFASS SATS

A Singapore Airlines Boeing 777-300ER, with Tail Number 9V-SWR, lands at San Francisco International Airport, San Francisco, California, April 16, 2015. REUTERS/Louis Nastro

Singapore’s national carrier Singapore Airlines (SIA) will acquire 70 per cent stake in the in-flight sales company DFASS SATS Pte Ltd, a joint venture owned by ground handler Sats and duty-free retailer DFASS, in a bid by the airline to offer travel-related retail operations in Singapore.

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