Saudia plans privatization of sectors

(MENAFN) Saudi Arabian Airlines (Saudia) is planning to privatize four major sectors, including Prince Sultan Aviation Academy and Saudia Private Airline, Qatar News Agency reported. The carrier's Vice President for Public Relations Abdullah Al-Ajhar said that medical services and Saudi Airlines Real Estate Development Company are the two other units set to be privatized in 2014 The Vice President said: "This year will witness the privatization of about 70 to 80 percent of our strategic units."