Sunday, 23 December 2018

Saudi Arabia to privatize Jeddah airport by first half of 2019- authority | ZAWYA MENA Edition

Saudi Arabia to privatize Jeddah airport by first half of 2019- authority | ZAWYA MENA Edition:

The Saudi General Authority of Civil Aviation (GACA) plans to appoint a private company to manage King Abdulaziz International Airport in Jeddah by the first half of next year, the authority confirmed to Zawya by email.

Earlier this year, the GACA terminated a concession agreement with Singapore's Changi Airports International and Saudi Naval Services to operate the airport in Jeddah, after awarding the contract last year for a period of 20 years.

King Abdulaziz International Airport (KAIA) witnessed a record number of passengers in 2017 reaching 34 million, a 9.4 percent increase over the year earlier, Arab News reported, citing figures from a KAIA report.

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