MUHARRAQ, Bahrain — The Minister of Transportation & Telecommunications and Gulf Air Group Holding (GFG) Chairman Eng. Kamal bin Ahmed Mohammed announced an increase in GFG’s shareholding in ground handling services provider Bahrain Airport Services (BAS) to 44%.
The announcement coincides with the signing of a concession agreement that will see BAS continue its role at Bahrain International Airport’s (BIA) new Passenger Terminal Building until 2034. The agreement was signed between HE the Minister and BAS Board of Directors Chairman Mohammed Jalal in the presence of senior officials from GFG, BAS, and Bahrain Airport Company (BAC). It complements a previous heads of terms contract signed by BAC Chief Executive Officer Mohamed Yousif Al-Binfalah and BAS Chief Executive Officer Salman Al- Mahmeed during the 2018 Bahrain International Airshow.
