A number of agreements were signed Sunday to assist in the privatization of Saudi Airlines. The ceremony was attended by Crown Prince Sultan, Deputy Premier, Minister of Defense and Aviation, Inspector-General and the Chairman of Saudi Arabian Airlines. The agreements were signed with a number of national companies and banks. The privatization program was recently approved by the Supreme Economic Council. Director General of Saudi Airlines, Eng. Khaled Al-Mulhim, said that the agreements were the result of feasibility studies. The plan is to ensure that Saudi Airlines improve its operational performance, enhance its services, and work towards a comprehensive restructuring of its strategic units. Following the signing of the agreements, the Crown Prince chaired a meeting of the board of Saudi Airlines. The director general presented a video show on the corporation's achievements. Prince Sultan praised the achievements of the corporation and urged the board to continue its efforts to serve citizens and pilgrims.
