Saudi Ground Services Company (SGS) has announced that it has secured a SAR315 million ($84 million) contract from Riyadh Airports Company for carrying out the operation and maintenance of passenger boarding bridges and related services at King Khalid International Airport (KKIA).

The contract will be executed in a consortium with Jusoor Airports for Operations and Maintenance Co., in which SGS holds a 51% stake, the company said in its filing to Saudi bourse tadawul.

The contract term is for a five-years period with an option to extend for up to three additional years, it stated.

Under this contract, the SGS-Jusoor Airports consortium will provide the operation and facilities management services for passenger boarding bridges, ground power units, pre-conditioned air systems, and visual docking guidance systems at KKIA.

The contract will be assigned to Jusoor after securing the necessary licenses to carry out the activity and upon approval of Riyadh Airports Company, it stated.

The financial impact of the deal is expected to be realised starting from Q2, it added.-TradeArabia News Service