| Element List | Explanation |
|---|---|
| Introduction | Saudi Ground Services Company announces that it has received an award letter dated 21/05/2026 from Saudi Airlines for Air Transport Company (a Related Party) for the provision of ground handling, ramp handling, and passenger services for its domestic and international flights at all airports across the Kingdom of Saudi Arabia. The contract term is five years, commencing on 01/04/2026 and ending on 31/03/2031. |
The estimated value of the contract over the five-year period is SAR 6.3 billion. The Company expects that the contract will contribute to the sustainability of its business and enhance its operational performance, and that the financial impact of this contract will commence from the second quarter of 2026.
Mr. Fahad Moussa (Non-Executive Board Member)
Mr. Amer AlKhushail (Non-Executive Board Member)
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