GACA breaks fuel monopoly and will supply cheap fuel for domestic Saudi carriers
Saudi Arabia's General Authority for Civil Aviation (GACA) has announced a plan to provide jet fuel at discounted rates for domestic flight operators and will end the state monopoly on fuel provision and handling at the Kingdom's major airports.
"All domestic operators will be given jet fuel at equal rates and the price will be much less than what is available in the neighbouring regions," said the head of GACA, Prince Fahd bin Abdullah, according to the Arab News
Prince Fahd also disclosed plans to license a second company to provide ground services at Saudi airports. “We have requested international companies to express their desire to provide this service.” New operators will also be licensed for catering and cargo services as part of opening up the aviation sector, he said.
GACA has already announced plans to a holding company to manage the country’s airports. “We’ll establish separate companies to run each international airport with world-class standard,” Prince Fahd said.