Saudi GACA to set up four firms, mulls third license for ground ops

14/09/2017 Argaam

The Saudi Civil Aviation Holding Co. will set up four new companies, as part of its efforts to develop and convert strategic business units into independent commercial entities that ensure financial sustainability, Abdulhakim Al-Tamimi, GACA president told Argaam on Thursday.

 

A new company will be established to operate Jeddah airport, and along with another operator to manage the remaining airports across the Kingdom.
 

The other two firms will be set up to operate in air navigation and information technology, Al-Tamimi added.

 

In addition, GACA is mulling to offer a third license for ground handling services, he said, adding that it would conduct a study to determine the demand size and the general status of ground services across the Kingdom.

 

In April 2015, Switzerland-based Swissport International Ltd. won the second ground services license in Saudi Arabia. Swissport will be working alongside the Saudi Ground Services, Argaam earlier reported. 

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