ACC3/RA3
EU aviation security designations for third-country air carriers (ACC3) and regulated agents (RA3) ensuring cargo security compliance for EU-bound shipments.
Aircraft Damage Frequency Rate (ACDfr)
A safety indicator that measures how often aircraft damage occurs relative to flight activity over a period.
Air Waybill (AWB)
EU aviation security designations for third-country air carriers (ACC3) and regulated agents (RA3) ensuring cargo security compliance for EU-bound shipments.
Airside
The secure operational area of an airport where aircraft movements, cargo handling, and ramp services take place.
Bonded Area
A customs-controlled area where imported goods may be stored, handled, or processed without the immediate payment of duties and taxes until release or re-export.
CAPEX (Capital Expenditure)
Investment in long-term assets such as cargo terminals, logistics facilities, warehouses, and technology systems.
CBTA (Competency-Based Training and Assessment)
An IATA framework for aviation training focused on developing and assessing job-specific competencies.
CEIV (Center of Excellence for Independent Validators)
An IATA certification verifying compliance with international standards for handling specialized cargo such as pharmaceuticals and perishables.
CMA (Capital Market Authority)
Saudi Arabia’s financial regulatory authority overseeing capital markets and listed companies.
Cargo Ground Handling
Airport-based services managing the movement, processing, storage, and documentation of air cargo.
Cargo Terminal
A dedicated airport facility where cargo is received, processed, stored, and transferred between air and land transport.
DMM (King Fahd International Airport – Dammam)
A key cargo gateway in Saudi Arabia’s Eastern Province.
Distribution Center
A logistics facility used for storing, sorting, and distributing goods to markets or customers.
EBIT (Earnings Before Interest and Taxes)
Operating profit generated from core business activities.
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)
A measure of operating performance and cash generation before non-cash and financing effects.
EBIT Margin
Operating profit expressed as a percentage of revenue.
eGACA (Electronic General Authority of Civil Aviation)
Digital platform of Saudi Arabia’s aviation regulator supporting licensing and operational processes.
FIATA (International Federation of Freight Forwarders Associations)
A global organization representing freight forwarding and logistics service providers.
Freight Forwarder
An intermediary coordinating cargo shipments, including transportation, documentation, and customs clearance.
Free Cash Flow (FCF)
Cash generated from operations after deducting capital expenditures, representing funds available for debt repayment, dividends, or reinvestment.
GACAR (General Authority of Civil Aviation Regulations)
Regulatory framework governing aviation operations in Saudi Arabia.
GDP (Good Distribution Practice)
Standards ensuring quality and integrity in the storage and transportation of pharmaceuticals.
Gross Margin
Gross profit expressed as a percentage of revenue, indicating the efficiency of core operations.
Gross Profit
Revenue minus cost of sales, representing profit generated before operating expenses.
Group
Refers to SAL Saudi Logistics Services Company and its subsidiaries.
HQ (Headquarters)
The primary administrative location of the Company.
HSSE (Health, Safety, Security, and Environment)
Framework governing operational safety, security standards, and environmental responsibility.
Hub Airport
A central airport facilitating cargo consolidation and distribution across a network.
IATA (International Air Transport Association)
A global trade association representing airlines and setting aviation standards.
IATA CEIV
Certification ensuring compliance with global standards for specialized cargo handling.
ICAO (International Civil Aviation Organization)
A UN agency establishing international aviation standards and regulations.
Integrated Logistics Platform
A system combining cargo handling, transportation, warehousing, and digital solutions for end-to-end supply chain services.
Individual or Retail Investors
Private investors trading securities for personal investment purposes.
Institutional Investors
Organizations such as funds, banks, and asset managers investing on behalf of clients.
IPO (Initial Public Offering)
The process of offering company shares to the public for the first time.
IR (Investor Relations)
Function responsible for communication between the Company and its investors.
ISAGO (IATA Safety Audit for Ground Operations)
Certification verifying compliance with international ground handling safety standards.
ISO (International Organization for Standardization)
Global body developing international standards across industries.
JED (King Abdulaziz International Airport – Jeddah)
Saudi Arabia’s primary western cargo gateway.
KPI (Key Performance Indicator)
A measurable value used to evaluate performance against strategic objectives.
Landside
The public-facing area of an airport including cargo delivery, customs, and logistics access points.
LTI (Lost Time Injury)
A workplace injury resulting in lost working time.
Logistics Division
SAL’s business segment providing freight forwarding, warehousing, and distribution services.
Logistics Hub
A central node integrating transport, warehousing, and distribution infrastructure.
Logistics Infrastructure
Physical and digital systems supporting logistics operations.
Logistics Zone
A designated area integrating warehousing, distribution, and multimodal connectivity.
Market Capitalization (Market Cap)
The total market value of a company’s outstanding shares.
MED (Madinah Airport)
A regional cargo and passenger airport in Saudi Arabia.
Multimodal
The transport of goods using two or more modes, such as sea, air, and land, within a single, coordinated logistics system.
Net Debt
Total borrowings minus cash and cash equivalents, indicating the Company’s net financial obligations.
Net Profit
Profit after all operating expenses, interest, and taxes.
Net Profit Margin
Net profit expressed as a percentage of revenue, indicating overall profitability.
Net Debt / EBITDA
A leverage ratio measuring a company’s debt relative to its operating cash generation.
NIDLP (National Industrial Development and Logistics Program)
A Saudi Vision 2030 initiative to transform the Kingdom into a leading industrial and logistics hub.
Non-Bonded Area
An area where goods are not under customs control and duties and taxes have been paid, allowing unrestricted domestic access and distribution.
NTLS (National Transport and Logistics Strategy)
A national strategy aimed at positioning Saudi Arabia as a global logistics hub.
Return on Equity (ROE)
Net profit expressed as a percentage of shareholders’ equity, measuring returns generated on invested capital.
Revenue Growth
The percentage increase in revenue compared to the previous period, indicating business expansion.
RUH (King Khalid International Airport – Riyadh)
Saudi Arabia’s primary central cargo hub.
SACC (Saudi Aviation Cargo Company)
A key player in Saudi Arabia’s air cargo ecosystem.
SAL Zones
SAL’s infrastructure platform developing logistics zones aligned with national strategy.
SeMS (Security Management System)
A structured approach that incorporates data-driven, risk-based principles in the strategic and day-to-day oversight and management of security.
SIDF (Saudi Industrial Development Fund)
A government financial institution supporting industrial development projects.
SILZ (Special Integrated Logistics Zone)
A regulatory-enabled logistics zone supporting international trade and investment.
SLA Adherence Rate
A measure of compliance with agreed service performance levels.
SPV (Special Purpose Vehicle)
A legal entity created for a specific project or financial structure.
Sukuk
Sharia-compliant financial instruments used for raising capital.
Supply Chain
The network of processes involved in producing and delivering goods.
Tadawul
The Saudi Stock Exchange.
TEU (Twenty-foot Equivalent Unit)
A standard unit for measuring containerized cargo volume.
Throughput
Total cargo volume handled over a defined period.
Tonnes
A metric unit of weight equal to 1,000 kilograms.
Vision 2030
Saudi Arabia’s national strategy for economic diversification and global competitiveness.
YoY (Year-on-Year)
A comparative measure of performance between corresponding periods in consecutive years.