SAL Signs Cargo Ground Handling Deal With S.F. Airlines

SAL

SAL

4263.SA

0.00

On July 12, 2026, SAL Saudi Logistics Services Co. announced the signing of a yearly renewable agreement with S.F. Airlines Co., LTD, one of China's leading cargo airlines, executed on July 9, 2026. Under the agreement, SAL's Ground Handling Division will provide comprehensive integrated solutions including cargo ground handling, aircraft loading and offloading, and other ramp operations. The contract carries no fixed value, with services billed on demand at prices specified in the agreement. The deal is expected to positively impact SAL's financial results and supports the company's strategy to expand its international airline customer base and strengthen connectivity with the Asian air cargo market.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96716&anCat=1&cs=4263&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

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