---
title: "SATS deepens China footprint with 90% stake in NWA"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285478281.md"
description: "SATS Ltd has acquired a 90% stake in Nanjing Weizhou Airline Food Corp. (NWA) by purchasing an additional 40% from founder Luo Bo, gaining majority control of the aviation food producer. This follows SATS's initial 50% investment in 2019. NWA, which specializes in frozen in-flight meals, has seen its revenue more than double since the pandemic due to increased demand from Chinese airlines. SATS plans to consolidate operations and integrate production capabilities between NWA and its China food solutions business."
datetime: "2026-05-07T03:25:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285478281.md)
  - [en](https://longbridge.com/en/news/285478281.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285478281.md)
---

# SATS deepens China footprint with 90% stake in NWA

**The deal gives SATS majority control of the China-based aviation food producer.**

SATS Ltd said it increased its stake in Nanjing Weizhou Airline Food Corp. (NWA) to 90% after acquiring an additional 40% interest from founder and general manager Luo Bo.

In a 6 May statement, the Singapore-listed airline caterer and air cargo handler first invested in NWA in 2019 with a 50% stake. The latest transaction gives SATS majority control of the China-based aviation food producer, which specialises in frozen in-flight meals.

NWA operates production facilities in Nanjing and a network of assembly kitchens across China supplying airlines with frozen meals, snacks, and related food products.

SATS said the NWA has expanded since the pandemic, with revenue more than doubling as Chinese carriers increased adoption of frozen meal solutions for domestic flights.

According to SATS, the increased stake is intended to consolidate operations between NWA and its China food solutions business. The group said it plans to integrate production capabilities and align operating models across its China operations.

### Related Stocks

- [S58.SG](https://longbridge.com/en/quote/S58.SG.md)
- [V7QR.SG](https://longbridge.com/en/quote/V7QR.SG.md)
- [V7YR.SG](https://longbridge.com/en/quote/V7YR.SG.md)

## Related News & Research

- [Phillip Securities Sticks to Their Hold Rating for SATS (SPASF)](https://longbridge.com/en/news/271869781.md)
- [Singapore firms in Middle East say staff safe, operations largely unaffected by war](https://longbridge.com/en/news/278340815.md)
- [09:55 ETFamly Launches CACFP Meal Reporting for U.S. Childcare Centers](https://longbridge.com/en/news/286577984.md)
- [09:24 ETBRAMI Raises $33 Million Series B Led by VMG Partners to Scale Italian Protein Pasta](https://longbridge.com/en/news/286921499.md)
- [Proposed farm bill seeks $187B SNAP cuts amid rising need](https://longbridge.com/en/news/286621695.md)