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Saudi Arabia to cut charges across its major airports by 35%

Saudi Arabia to cut charges across its major airports by 35%

The reduction in charges will increase Saudi Arabia's competitiveness against other regional hubs

The 35% reduction in charges will come into effect at airports in Riyadh, Jeddah and Damman by the end of 2022.

The reductions will apply to King Khalid International Airport in Riyadh, King Abdulaziz International Airport in Jeddah and King Fahd International Airport in Dammam. 

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According to the Saudi General Authority of Civil Aviation (GACA), the move marks the next step in the ongoing privatisation of Saudi Arabia’s airport sector, giving airports the flexibility to reduce charges below the announced caps to maximise growth in passenger traffic.

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Saudi is also currently offering airlines incentives to fly unprofitable routes and is looking to compete with regional hubs, including the UAE and Qatar.

The move is the latest step in Crown Prince Mohammed Bin Salman’s strategy to reduce the kingdom’s reliance on crude oil exports.

For more information, visit www.gaca.gov.sa 

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