Saudi Catering, Flynas ink contract for inflight services

26/11/2017 Argaam

Saudi Airlines Catering Co. on Thursday signed a five-year contract worth SAR 501 million with Flynas to provide inflight catering and logistics services, as well as retail onboard products, the company said in a bourse statement on Sunday.

Saudi Airlines Catering added that it expects the positive impact from the new deal to show in Q4 2017.

The new contract will boost the company’s cash flows and enhance its operations, the statement added.


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts