Southern Airport Transportation Joint Stock Company (Abbreviation: SATSCO) had been established since 1975, as a member of Airports Corporation of Vietnam (ACV).
Up to this time, SATSCO has haven 45 year-experiences in the Transportation Services & Car rental, Aviation & Airport services, with the team of 200 experienced employees and professional managers, contributing to affirm the pioneering position of SATSCO in the business & development investment of airport ground handling services in Vietnam.
Besides, SATSCO also provides other services such as Logistics, Car maintenance & repair, Mitsubishi Dealer.
ESTABLISHMENT AND DEVELOPMENT
1975Transportation department of Tan Son Nhat Airport
1991Renamed as Southern Airport Auto Transportation Enterprise – under Tan Son Nhat Airport
1993Under SASCO – Southern Airport Services Joint Stock Company
2008Equitized and renamed into Southern Airport Transportation Enterprise
2010Independently operated under the name of Southern Airport Transportation Joint Stock Company - SATSCO
2014Promoting equitization of the company
SATSCO COMPANY, FORMER TAN SON NHAT MOTO DEPARTMENT , WAS ESTABLISHED BY TAKING OVER THE OLD TRANSPORTATION DEPARTMENT OF TAN SON NHAT AIRPORT IN 1975. THE MAIN MISSION IS TO TRANSPORT PASSENGERS AND COMMODITIES ARRIVED BY AIR AT TAN SON NHAT AIRPORT.
In June 1991, the company was founded with the name of Southern Airport Auto Transportation Enterprise under the control of Tan Son Nhat airport. In 1993, by Decision 56/CAAV of Civil Aviation Administration of Viet Nam, the company was under the administration of SASCO, Southern Airport Services JT Company now.
In August 2008, the company was transferred to Southern Airports Corporation (SAC) by Decision 043/QĐ – TCTCHKMN. On October 27th 2008, by Decision 3249/ QĐ-BGTVT of Ministry of Transport about approving the list of state enterprises to do the equitization. The company with the name of Southern Airport Transportation Enterprise was one of state enterprises to do the equitization.
On November 1st 2010, the company was transferred from Southern Airport Transportation Enterprise - under Southern Airports Corporation branch into Southern Airport Transportation Joint Stock Company (SATSCO). The company has not accounted dependently on Southern Airports Corporation (SAC) anymore. SATSCO now is a self-operating businesses unit with dependent accounting.
On December 31st 2014, SATSCO has completed the capital and business activities socialization – increasing the percentage of shares owned by private to shares owned by state.