SATS Ltd., a global leader in gateway services, has announced the completion of Avilog Logistics Services Company’s strategic investment in SATS Saudi Arabia Company (SATS SA). Avilog, a joint venture between Albawardi Group and Al Muhaidib Group, has acquired a 49% stake in SATS SA, marking a significant step in enhancing Saudi Arabia’s aviation and logistics capabilities.
SATS SA operates a vital network of cargo handling operations across Dammam, Jeddah, and Riyadh, serving over 30 airlines. The partnership aims to expand SATS SA’s infrastructure, including a new cargo facility in Jeddah with a 300,000-tonne annual capacity, set for completion by Q1 2027. Avilog’s local expertise and infrastructure, combined with SATS’ industry knowledge, will enhance operational efficiencies and connectivity, meeting the Kingdom’s growing demand for air cargo services.
Isam Majid Al Muhaidib, Chairman of Avilog, stated, “This partnership is a defining step for Avilog as we focus on reshaping the logistics sector in Saudi Arabia.” Bob Chi, CEO Gateway Services Asia Pacific at SATS Ltd., added, “This collaboration strengthens our ability to create integrated logistics solutions that connect air cargo seamlessly with sea, rail, and road transportation across Saudi Arabia.”
The collaboration supports Vision 2030, aiming to position Saudi Arabia as a leader in logistics and air cargo handling. By integrating SATS’ global best practices with Avilog’s market knowledge, the partnership seeks to elevate air cargo handling standards and enhance customer value, contributing to the Kingdom’s ambitious transportation goals.
“`
