
SAL Saudi Logistics Services Co. expects a positive financial impact from the ground handling contract with China Cargo Airlines
SAL Saudi Logistics Services Co. signed a contract with China Cargo Airlines, a subsidiary of China Eastern Airlines, to provide ground handling services in Saudi Arabia.
Under the renewable annual agreement, SAL will deliver comprehensive operational services, including aircraft loading and unloading, apron management for China Cargo Airlines flights in the Kingdom, and related operational services.
According to a statement to Tadawul, SAL expected the agreement to have a positive financial impact over the contract term. The company has not disclosed the contract value, noting that service fees will be paid on a per-request basis at rates specified in the agreement.
There are no related parties to the deal, the company added.
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