|19 January, 2020

Gulf Air Group ups stake in Bahrain Airport Services

The concession agreement is valid until 2034.

Image used for illustrative purpose. An Airbus 320, the first of Gulf Air's 15 orders, arrives at Bahrain International Airport in Manama.

Image used for illustrative purpose. An Airbus 320, the first of Gulf Air's 15 orders, arrives at Bahrain International Airport in Manama.

REUTERS/Hamad I Mohammed

Mubasher: The Gulf Air Group Holding Company (GFG) has increased its stake in the Bahrain Airport Services’ (BAS) to 44%, the Bahrain News Agency reported on Saturday.

The Bahrain Airport Company (BAC), a subsidiary of the GFG, signed a concession agreement with BAS under which BAC will work as a provider of ground handling services in the new terminal building at Bahrain International Airport.

The services include handling services for passengers, luggage, aircraft and cargo, catering, and engineering services. The concession agreement is valid until 2034.

Moreover, the agreement aims to develop the level of services in general, in addition to setting clear standards for all ground handling operations provided according to international standards.

Source: Mubasher

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