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Resurgent air travel and a strategic acquisition helped SATS climb over 100 places in the Southeast Asia 500

Summary by Fortune
Airlines the world over are reporting a surge in business as tourists go traveling again. Carriers earned a total net profit of $32.4 billion last year, up 18% from the year before, while passenger numbers hit a new high of 4.8 billion.  In Southeast Asia, airlines like VietJet, Thai Airways, and Garuda Indonesia posted double-digit revenue growth last year. But the most impressive performance came not from a carrier, but rather a company that k…

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Fortune broke the news in New York, United States on Friday, June 20, 2025.
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