A global leader in gateway services has finalized a joint venture with Avilog Logistics, acquiring a 49% stake in SATS Saudi Arabia. This partnership aims to transform Saudi Arabia’s logistics sector in alignment with Vision 2030. SATS SA is currently the second-largest air cargo handler in the country, managing operations in key hubs and planning a new facility to enhance capacity. The collaboration will leverage Avilog’s logistics strengths, improving connectivity across various transport modes and elevating air cargo standards to support Saudi Arabia’s logistics ambitions.

Source: https://www.stattimes.com/latest-news/avilog-joins-sats-to-expand-air-cargo-infrastructure-in-saudi-arabia-1356049