Singapore’s SATS, a major player in aviation services, just made a huge leap—over 100 spots—on Fortune’s Southeast Asia 500 list. The jump comes thanks to a double boost: a rebound in global air travel and its smart buyout of Worldwide Flight Services last year, which sent its revenue soaring.

Editor’s Note: This isn’t just a win for SATS—it’s a sign that the aviation sector is finally shaking off the pandemic slump. The company’s aggressive expansion (like snapping up Worldwide Flight Services) shows how big players are betting on travel’s comeback. For investors and travelers alike, it’s a signal that the industry’s recovery isn’t just talk—it’s taking off.