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SGS renews SAR 1bn service agreement with flynas

SGS renews SAR 1bn service agreement with flynas
The agreement has been renewed for a period of five years
SGS
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Riyadh – Mubasher: Saudi Ground Services Company (SGS) has reached an agreement renewal with flynas for a period of five years.

The SAR 1 billion deal is effective from the beginning of January 2020, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Tuesday.

Under the contract, SGS will provide flynas domestic and international flights with ground handling services, including ramp and passenger services at all Saudi Airports.

The ground services firm expects the deal to positively reflect on its financial results starting from the first quarter (Q1) of 2020.