The economic toll arising from the COVID-19 pandemic has been nothing short of staggering. Even blue-chip companies have not been spared this carnage. While the local banks have been the more obvious businesses to suffer due to a worsening economic outlook and a depressed interest rate environment, other businesses have also struggled to cope with the coronavirus fallout. For investors, the most pertinent question to ask is whether these challenges are merely temporary, or if they signal a permanent deterioration in business prospects. Ascertaining this difference is the key to knowing if an investment thesis remains valid, or may have to be discarded. These two blue-chip companies have been battered this year. Will they be able to successfully turn their business around? SATS Ltd (SGX: S58) SATS Ltd is a leading provider of food solutions and gateway services for airlines. The group offers a comprehensive range of services such as baggage handling, aviation security services and airline catering...