DAA confirms Saudi airport contract
The international arm of DAA, which operates Dublin and Cork airports, has confirmed that it has secured a major five-year deal to manage a new terminal at Riyadh's King Khalid International Airport in Saudi Arabia.
The new Terminal 5 will handle domestic traffic only and will have a capacity of 12 million passengers a year - about the same as Dublin's Terminal 2.
DAA International will operate and manage the new 106,500 sq m terminal, securing the contract ahead of five other international airport operators.
The airport is Saudi Arabia's main gateway airport and handled 22.3 million passengers last year. There are plans to eventually privatise King Khalid Airport.
DAA International chief executive Colm Moran welcomed the deal and said it intends to secure other major contracts in the coming months and years.