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Saudi Ground Services Co. Announces Contract Sign Off with Flynas

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Element List Explanation
Introduction The Saudi Ground Services Company announces the signing of a contract renewal with Flynas on 13-04-2024 for a duration of five years. Under this contract, the Saudi Ground Services Company will provide Fynas domestic and international flights with ground handling services, including ramp and passenger services, at all airports in the Kingdom.
Date of Announcement of the Award 2024-04-04 Corresponding to 1445-09-25
Contract Subject Matter Providing ground handling services for Flynas within the Kingdom's airports
The Entity with Which the Contract was Signed Flynas
Date of Signing the Contract 2024-04-13 Corresponding to 1445-10-04
Contract Value The expected contract value within five years is around (2,000,000,000) Saudi Riyals
Contract Details The Saudi Ground Services Company will provide Fynas domestic and international flights with ground handling services, including ramp and passenger services, at all airports in the Kingdom
Contract Duration The contract is valid for five years starting from 01-01-2024 until 31-12-2028
Financial Impact and the Relevant Period Sustainable for the company revenues during the contract period
Related Parties No Related Parties
Additional Information Saudi Ground Services Company confirms that the contract is in the ordinary course of business and has no preferential treatment

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