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Logo of Cluster 2 Co.
Cluster 2 Co. reported a 6% year-on-year (YoY) growth in the number of flights to 35,000 in Q4 2023, with the passenger count jumping 15% YoY to four million.
Launched on January 1, 2022, the company operates and develops the Kingdom's local, regional and tourist airports.
It aims to manage and operate 22 airports across Saudi Arabia. This is in a bid to achieve the Kingdom’s tourism goals and contribute to the aviation sector’s development.
Among the airports managed and operated by Cluster 2 are AlUla International Airport, Najran International Airport, Bisha Domestic Airport, Arar Domestic Airport, Sharurah Domestic Airport, Gurayat Domestic Airport, Jazan’s King Abdullah bin Abdulaziz Airport, and King Saud bin Abdulaziz (Al Baha) Airport.
Among the airports managed and operated by Cluster 2 are AlUla International Airport, Najran International Airport, Bisha Domestic Airport, Arar Domestic Airport, Sharurah Domestic Airport, Gurayat Domestic Airport, Jazan's King Abdullah bin Abdulaziz Airport, and King Saud bin Abdulaziz (Al Baha) Airport, Hail International Airport, NEOM Bay Airport, Taif International Airport, Abha International Airport, Prince Nayef Bin Abdulaziz International Airport in Qassim, Prince Sultan bin Abdulaziz Tabuk Airport, Prince Abdul Mohsin bin Abdulaziz Yanbu Airport, and Al Wajh Domestic Airport.
In its Q4 2023 operational performance report, Cluster 2 added that the average number of flights reached 381, while the average number of passengers amounted to 43,471.
The following table shows the development in the number of flights and passengers in Q4 2023:
Development in Number of Flights & Passengers in Q4 2023 |
|||
Q4 2022 |
Q4 2023 |
Change |
|
Number of Flights |
32.9 |
35.0 |
6% |
Number of Passengers |
4.0` |
3.5 |
15% |
Average Number of Flights |
358 |
381 |
6% |
Average number of passengers |
38,031 |
43,709 |
15% |
Cluster 2 is a subsidiary of Matarat Holding Co., which was established on April 13, 2013, and manages and operates 27 airports across the Kingdom, according to data compiled by Argaam.
Matarat Holding aims, through its subsidiaries (Riyadh Airports, Jeddah Airports, Dammam Airports, and Cluster 2 Airports), to develop and promote the performance of the Kingdom's airports. This is in order to keep pace with the rapid development that Saudi Arabia is currently witnessing.
The company seeks to support sustainable development in the framework of the National Aviation Strategy emanating from the National Transport and Logistics Strategy, one of the Kingdom's Vision 2030.
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