Snapshot of the agreement signing
CATRION Catering Holding Co. signed a five-year contract with Riyadh Air to supply catering, beverages, and auxiliary services for its domestic and international flights.
The estimated value of the five-year contract is SAR 2.3 billion. CATRION expects a positive financial impact starting from the end of Q4 2025.
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The company anticipates significant benefits from Riyadh Air’s growing fleet and passenger base, which will enhance operations, cash flows, and income diversification.
On its part, Riyadh Air stated that the deal is in the run-up to the launch of its operations in 2025.
The national airline selected CATRION through a selective bidding process.
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