Saudi Logistics Services and Lufthansa Technik Logistik Services (LTLS) have signed an initial Memorandum of Understanding during the Transport Logistics Exhibition 2023 held in Munich on the 11th of May, to collaborate on logistics the Kingdom of Saudi Arabia.
Under this MU, SAL will provide freight forwarding, transportation, and customs brokerage services to support LTLS' maintenance logistics operations for around the Kingdom.
This agreement marks the foundation of a strategic partnership between both parties, as they plan to explore other areas of cooperation in the future related to LTLS' logistics activities in Saudi Arabia.
We are excited about this partnership with Lufthansa Technik Logistik Services, which highlights our commitment as the National Logistics Champion to providing world-class logistics services to our partners and SAL’s dedicated role in complementing the National Transport and Logistics Strategy” said Faisal Al Bedah, CEO of .
Andreas Tielmann, Managing Director of LTLS, stated: “We are delighted to partner with a well-established organization such as SAL for our logistics activities in Saudi Arabia. With this cooperation, LTLS will enhance its presence in the Middle East, which is one of the world’s fastest growing aviation markets. Thereby, we further strengthen our global logistics network, which ensures top-level logistics solutions to our aviation customers.”
About Saudi Logistics Services (SAL)
SAL is a leading logistics and supply chain solutions provider in Saudi Arabia, providing innovative and efficient services to its clients across various industries, including aviation, healthcare, and e-commerce. SAL handles 99% of the country’s inbound and outbound air cargo, making it a logistics services champion within the Kingdom and a key driver in the sector’s transformation outlined in Vision 2030. With a focus on enhancing the country's logistics infrastructure, SAL offers end-to-end solutions that cater to the evolving needs of its customers.
About Lufthansa Technik Logistik Services (LTLS)
Lufthansa Technik Logistik Services (LTLS) is a leading logistics company serving the global aerospace and airline industry. As the logistics expert within the Lufthansa Technik Group, LTLS combines its expertise and skills as a global logistics company with an in-depth knowledge of the aviation industry. Its product portfolio ranges from the storage and handling of aircraft parts to a wide set of transportation services, including special services such as ad hoc requests (AOG) and engine transportation.