Saudi Airlines Catering erases $90m in losses as flight operations resume

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RIYADH: Saudi Airlines Catering Co. was back to profit in 2021 as flight operations resumed in the Kingdom following pandemic suspension.

The flights recovery led to a 30-percent jump in sales to SR1.2 billion ($323 million), the company that provides meals on Saudia flights, said in a bourse filing.

Its profits reached SR14 million in 2021 after the Jeddah-based firm recovered from a net loss amounting to SR335 million a year earlier.

“Despite the challenges of the pandemic, Saudi Airlines Catering Co. continues to implement various initiatives to improve the operational efficiency and optimize the costs,” the company said.