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Saudi Arabian Airlines to Privatize Some of Its Sectors 2 Jeddah
Published in Saudi Press Agency on 16 - 05 - 2005


Bakr.
Another executive board of directors for the shipping sector was also formed and an administrative work team was appointed to supervise the procedures for transforming it a strategic profitable unit and another is preparing the ground services of the airline.
These units will initiate the commercial operating foundation and increase their attractiveness to investors, resulting in financial returns that will be used to develop the basic aviation sector and raise its economic value before privatizing it.
Committees and work teams were formed to specify the future goals and strategies for each sector in the institution to increase income, improve the financial situation, review expenses and improve services.
Dr. Bin-Bakr said that the company had achieved profits for the third year in a row, which indicates that its positive reaction to the needs of the next stage, and it has improved its services and technological activities such as electronic commerce and automatic booking and other on-ground and in-flight services.
In addition, the airline is focusing on developing its human resources by providing training to the staff at the Prince Sultan Academy of Aviation and supporting technical facilities. "All these achievements and capabilities will help us reach our future goals and keep our prominent position among the large international airlines and offer more marketing strategies and improve our
services," Dr. Bin-Bakr added.


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