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- Saudi Catering also signs SR51 million deal with Saudi Ground Services
RIYADH: Saudi Airlines Catering has announced the opening of Alfursan international lounge at the King Abdulaziz International Airport in Jeddah, according to a bourse filing.
It expects a positive impact by the fourth quarter of 2021, which will boost the company’s business sustainability as cash flow increases.
The announcement came as the catering company signed a two-year contract with Saudi Ground Services Co. with an estimated value of SR51 million ($13.6 million).
Saudi Catering is to provide catering services to residential complexes and inside the terminals of Riyadh, Jeddah, Dammam, and Madinah airports, Saudi Ground Services said in a separate statement.