12 Hrs
Source:
المشهد العربي
Ground services and Nas Air end subcontract
The Saudi Ground Services Company has terminated its ground handling contract with flynas Airlines, with the actual implementation scheduled to begin in March 2027, following a six-month prior notice. The company confirmed that this decision will not impact its financial results for 2026; however, its effects on revenues are expected to be evident starting from March 2027. Since the beginning of 2026 up to the end of the second quarter, the contract generated approximately SAR 151.47 million in revenue, with projections reaching SAR 306 million by the end of the year. The company aims to maintain efficiency and reduce expenses to mitigate the potential financial impact.
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