Saudi Catering inks SAR 27 mln deal with Saudia

05/10/2017 Argaam

Saudi Airlines Catering Co. signed a SAR 27 million contract with Saudi Arabian Airlines Co. (Saudia) on Wednesday to provide and operate a central baggage warehouse for three years.

 

The contract is expected to have a positive impact on Saudi Catering’s Q1 2018 financials, the company said in a bourse statement.

 

The deal is also seen to boost business sustainability by increasing the company's cash flow,and enhancing its business relationship with Saudi Arabian Airlines Co., the statement added. 

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