‎flynas says annual purchases under Swissport deal at 5% of 2025 revenue

Flynas Co. said the expected annual value of purchases under its ground handling agreement with Swissport Saudi Arabia Limited represents approximately 5% of the company’s 2025 revenue.

The estimate is based on Flynas’ audited financial statements for the year ended Dec. 31, 2025.

In a statement to Tadawul, the company said the agreement is not expected to have any financial impact.

According to data available with Argaam, flynas said earlier today, Sept. 7, it signed an agreement to acquire a 10% stake in Swissport Saudi Arabia Limited for SAR 50 million ($13.33 million).

The company entered into a five-year ground handling agreement with Swissport Saudi Arabia to provide ground handling services at all commercial airports across the Kingdom.

Flynas Co. said the expected annual value of purchases under its ground handling agreement with Swissport Saudi Arabia Limited represents approximately 5% of the company’s 2025 revenue.

The estimate is based on Flynas’ audited financial statements for the year ended Dec. 31, 2025.

In a statement to Tadawul, the company said the agreement is not expected to have any financial impact.

According to data available with Argaam, flynas said earlier today, Sept. 7, it signed an agreement to acquire a 10% stake in Swissport Saudi Arabia Limited for SAR 50 million ($13.33 million).

The company entered into a five-year ground handling agreement with Swissport Saudi Arabia to provide ground handling services at all commercial airports across the Kingdom.