King Khalid International brings car parking operations in-house

Posted on August 18, 2022 (August 19, 2022) by Rosa Hicks

SAUDI ARABIA. Riyadh Airports Company (RAC), operator of King Khalid International Airport (KKIA), has brought management of car parking at its international terminals in-house from this month. The concession had previously been managed by a third party operator from January 2017.

RAC said the international terminals are now aligned to the business model for the domestic terminal (Terminal 5) which came in-house in March 2019.

That change, it noted, allowed RAC to drive incremental sales of +14% pre-pandemic and grow net income substantially. Terminal 5 car parking has continued to drive sales significantly above passenger growth as the recovery has accelerated.

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