Saudi Ground Services says airport planned expansions to create new opportunities after COVID-19

02/02/2021 Argaam

Saudi Ground Services Co.’s (SGS) planned expansions of the Kingdom's airports will create new opportunities for the company as well as other market competitors after the end of the pandemic outbreak.

 

SGS has managed to boost its market share to 96% during COVID-19 outbreak, which will help it survive the crisis even stronger than before, the company said in a COVID-19 response report (CRR), prepared by Oxford Business Group (OBG).

 

vider cut operating expenses by 24%g services prodlinThe Saudi ground han, compared to a target of 30% via initiatives and improvements.

 

SGS expects to offset the impact of revenue losses over the next five years amid stronger demand.

 

“We implemented several policies to mitigate the pandemic implications, tighten spending and maintain operations. reconsider contracts We, encourage employees to take vacations and make use of the currently-available opportunities.

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