03:42 AM EDT, 09/07/2026 (MT Newswires) -- Flynas Co. (SASE:4264) agreed to buy a 10% stake in ground handling services company Swissport Saudi Arabia under a sale and purchase agreement and a shareholders' agreement. The Saudi airline said Monday it will purchase the equity interest for $13.3 million from Swissport International and Asyad Holding. Closing of the transaction is subject to customary requirements and regulatory clearances. Flynas added that Swissport Saudi Arabia will become its exclusive ground handling partner after concluding the minority stake acquisition.

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