Saudi Airlines Catering Co. on Thursday signed a five-year contract worth SAR 501 million with Flynas to provide inflight catering and logistics services, as well as retail onboard products, the company said in a bourse statement on Sunday.

 

Saudi Airlines Catering added that it expects the positive impact from the new deal to show in Q4 2017.

 

The new contract will boost the company’s cash flows and enhance its operations, the statement added.

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