Saudi Ground Services Co. Announces Contract Award with The Aviation Services Company (Riyadh Air)

Element List	Explanation
Introduction	The Saudi Ground Services Company announces that it has won the bid from the Aviation Services Company (Riyadh Air) to provide ground handling services. The contract will commence on 01-09-2024 and will last for 4.5 years (55 months), with an option to extend for an additional two years after the initial term.

Under this contract, Saudi Ground Services will provide ground handling services for all Riyadh Air flights. This includes ramp services and passenger terminal services for both domestic and international flights at King Khalid International Airport - Riyadh. Date of the Award 2024-08-12 Corresponding to 1446-02-08 Counterparty The Aviation Services Company (Riyadh Air) Contract Value Approx. SAR 1.5 billion for the entire period (6.5 years) starting from the operations for Riyadh Air Contract Details The Saudi Ground Services Company will provide ground handling services for all Riyadh Air domestic and international flights at King Khalid International Airport -Riyadh, which includes ramp and passenger terminals services. Related Parties No Related Parties Additional Information Saudi Ground Services Company confirms that the contract is in the ordinary course of business and has no preferential treatment.

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