Saudi air passenger complaints drop 41% in October: GACA 

Saudia came second with 27 complaints per 100,000 travelers and a resolution rate of 99 percent. File
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Updated 23 November 2023
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Saudi air passenger complaints drop 41% in October: GACA 

RIYADH: Complaints of air passengers in Saudi Arabia recorded a 41 percent drop to 950 in October compared to the previous month, according to the General Authority of Civil Aviation. 

GACA, in its monthly report released on Wednesday, revealed that it received 1,626 and 1,442 complaints in September and August respectively. 

However, complaints in October rose 16 percent compared to the 812 filed in the same month last year. 

Saudi Arabia’s low-cost airline flynas received the fewest complaints among carriers, with 27 complaints per 100,000 travelers and a 100 percent timely handling rate, said the report. 

Saudia came second with 27 complaints per 100,000 travelers and a resolution rate of 99 percent. 

flyadeal came in third with 49 grievances per 100,000 travelers and a timely handling rate of 86 percent. 

According to the authority, the most common complaints in August were related to flights, luggage services and tickets. 

Among international airports serving more than 6 million passengers annually, Jeddah’s King Abdulaziz International Airport had the lowest complaint rate at 1 percent per 100,000 passengers. 

Among domestic airports, Qaisumah domestic airport had the lowest rate at 4 percent per 100,000 travelers. 

GACA’s monthly classification report aims to inform passengers about the performance of air transport service providers and airports.   

The authority believes that such information could help passengers make informed choices, along with increasing transparency of the aviation sector in the Kingdom. 

On Nov. 16, another GACA report revealed that KAIA outperformed other terminals in the Kingdom for overall performance in October. 

It said that the Jeddah airport secured the top position in the category of international gateways, serving over 15 million passengers annually, achieving a compliance rate of 91 percent. 

Strengthening the aviation sector has been crucial for the Kingdom as it eyes to become a global business and tourism hub aligned with the goals outlined in Vision 2030. 

Through its National Aviation Strategy, the Kingdom aims to enhance air connectivity to 250 destinations, serving 330 million passengers, and double air cargo capacity to 4.5 million tons by 2030. 


Closing Bell: Saudi main market closes the week in red at 10,526 

Updated 14 sec ago
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Closing Bell: Saudi main market closes the week in red at 10,526 

RIYADH: Saudi equities ended Thursday’s session modestly lower, with the Tadawul All Share Index slipping 14.63 points, or 0.14 percent, to close at 10,526.09.    

The MSCI Tadawul 30 Index also declined 3.66 points, or 0.26 percent, to 1,389.66. In contrast, the parallel market outperformed, as Nomu jumped 237.72 points, or 1.02 percent, to close at 23,430.93.  

Market breadth on the main market remained tilted to the downside, with 156 stocks ending lower against 99 gainers.    

Trading activity eased further, with volumes reaching 80.46 million shares and total traded value amounting to SR1.66 billion ($442 million).    

On the movers’ board, Saudi Industrial Export Co. led the gainers, rising 6.6 percent to SR2.10, followed by Consolidated Grunenfelder Saady Holding Co., which advanced 6.43 percent to SR9.60.    

Raoom Trading Co. climbed 4.36 percent to SR61.05, while Astra Industrial Group gained 4.35 percent to close at SR139. Riyadh Cables Group Co. added 3.77 percent to end the session at SR135.00.    

On the downside, Methanol Chemicals Co. topped the losers’ list, falling 5.96 percent to SR7.41.  

Flynas Co. retreated 5.43 percent to SR61.00, while Leejam Sports Co. dropped 5 percent to close at SR100.80.    

Alramz Real Estate Co. slipped 4.64 percent to SR55.50, and Almasane Alkobra Mining Co. declined 4.55 percent to SR84.00.  

On the announcement front, ACWA Power said it has completed the financial close for the Ras Mohaisen First Water Desalination Co., a reverse osmosis desalination project with a capacity of up to 300,000 cubic meters per day, alongside associated potable water storage facilities totaling 600,000 cubic meters in Saudi Arabia’s Western Province.    

The project was financed through a consortium of local and international banks, with total funding of SR2.07 billion and a tenor of up to 29.5 years, while ACWA Power holds an effective 45 percent equity stake.  

Shares of ACWA Power ended the session at SR185.90, up SR0.2, or 0.11 percent.     

Meanwhile, Consolidated Grunenfelder Saady Holding Co. announced the sign-off of a customized solutions project with Saudi Aramco Nabors Drilling Co., valued at SR166.0 million excluding VAT.    

The 24-month contract covers the sale and maintenance of field camp facilities, with the financial impact expected to begin from the first quarter of 2026.