On Tuesday, 8th December 2009, Eastern Aviation Investment, a fully owned subsidiary of Eastern Holding, acquired an additional 5% equity in Alpha Flight Services – Jordan, which brings its shares up to 34.12%. This increase of equity comes about the same time as the successful renewal of a 10-year exclusive contract with Royal Jordanian to provide in-flight catering and airport café concessions.

“Increasing our shares and extending the contract with Royal Jordanian is a great success to all of us at Alpha-Jordan.” said Dr. Majid AlSadi, Chairman and CEO of Eastern Holding. “It reflects our client’s satisfaction with the wide range of high-quality services that we provide. It also reinforces our confidence in the investment environment in Jordan.”

The 10-year extension becomes effective in 2011 and will enable Alpha to continue enhancing the services, products and infrastructure of its core airline catering business, in addition to taking its food and beverage outlets located at Queen Alia International Airport to a new level of innovation and creativity.

This agreement further strengthens Alpha’s partnership with Royal Jordanian which came into effect in 2001 through Jordan Flight Catering Company, which provides services to more than 20 different airlines at Jordanian airports.