Saudi Arabia’s strong economic fundamentals allowed it to raise funds from international debt markets and deploy a broad range of fiscal and monetary tools to plug revenue shortfalls and alleviate some of the hardships facing businesses as a result of the Covid-19 pandemic. However, as was the case in other countries around the world, Saudi Arabia’s aviation sector was particularly badly affected by border closures, mobility restrictions and social-distancing precautions.
This latest report focuses on how innovative operators in the aviation ground services segment were able to utilise the enforced slowdown to further digitalise operations and diversify their businesses. By doing so, they could emerge in a stronger position as the global travel industry begins to recover and Saudi Arabia accelerates its push to develop its airport infrastructure and tourist offering.
