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Saudi Airlines Catering pens SAR 75m deal with Saudi Railways

Saudi Airlines Catering pens SAR 75m deal with Saudi Railways
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Riyadh – Mubasher: Saudi Airlines Catering Company has signed a contract worth SAR 75 million with Saudi Railways Company to provide food and beverage services for North and East Lines.

The contract duration is three years starting from the date of signing the agreement on 16 September 2021, according to a bourse disclosure on Sunday.

Saudi Airlines Catering expected a positive financial impact of this contract that will reflect on the income statements of the fourth quarter (Q4) of 2021.

The contract will further endorse the listed company’s business sustainability by increasing cash flow, in addition to enhancing its business relationship with customers.