Saudi Catering renews Flynas contract for 4 years at SAR 240 mln

15/09/2022 Argaam

Saudi Airlines Catering Co.’s equipment

Saudi Airlines Catering Co. (SACC) renewed its contract with Flynas on Sept. 14, at an estimated value of SAR 240 million.

 

In a statement to Tadawul, SACC said the contract term is four years. It includes catering services and the right to retail food, beverages and other products on board, in addition to some other logistics services for Flynas.

 

A positive impact is expected starting Q4 2022, which will boost business sustainability by enhancing the company's cash flows and business, in addition to diversifying its income sources.

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