SAL says the agreement has no fixed value
SAL Saudi Logistics Services Co.signed an agreement with China’s SF Airlines Co., Ltd. on July 9 to provide comprehensive integrated air cargo ground handling services, according to a Tadawul statement. 
The agreement has no fixed value, as services will be provided on demand and billed in accordance with the agreed pricing.
Under the agreement, which will be renewed annually, SAL will provide comprehensive operational services to ensure the seamless handling of SF Airlines’ operations. These include cargo ground handling, aircraft loading and unloading, and other ramp operations for the airline’s flights.
The agreement supports SAL’s strategy to expand its international airline customer base and strengthen connectivity with the fast-growing Asian air cargo market.
The related financial impact will appear in the company’s financial results over the duration of the agreement.
The agreement involves no related parties, the statement added.
SAL says the agreement has no fixed value
SAL Saudi Logistics Services Co.signed an agreement with China’s SF Airlines Co., Ltd. on July 9 to provide comprehensive integrated air cargo ground handling services, according to a Tadawul statement.
The agreement has no fixed value, as services will be provided on demand and billed in accordance with the agreed pricing.
Under the agreement, which will be renewed annually, SAL will provide comprehensive operational services to ensure the seamless handling of SF Airlines’ operations. These include cargo ground handling, aircraft loading and unloading, and other ramp operations for the airline’s flights.
The agreement supports SAL’s strategy to expand its international airline customer base and strengthen connectivity with the fast-growing Asian air cargo market.
The related financial impact will appear in the company’s financial results over the duration of the agreement.
The agreement involves no related parties, the statement added.
