Saudia Cargo has announced the appointment of Eng. Loay Mashabi as its new chief executive officer and managing director, effective January 1, 2025. 

Mashabi will succeed Teddy Zebitz as Saudia Cargo's chief executive. Under Zebitz's leadership, the company achieved record success, driving innovation and solidifying its position as a leading air cargo transportation provider. Saudia Cargo is also a member of the SkyTeam Cargo alliance, the largest air cargo alliance in the world.

[Eng. Loay Mashabi. Source: Saudia Cargo]

Saudia Cargo noted that Zebitz will continue to serve as a member of the Board of Directors.

"During Teddy's tenure, we have achieved remarkable milestones and navigated through numerous challenges, all while maintaining our commitment to performance and service excellence," commented Abdulkareem Abualnasr, chairman of the Saudia Cargo Board.

"Teddy's vision and leadership have been instrumental in building the capabilities of our company and in executing our strategies, and we are deeply grateful for all his valuable contributions," he added.

Mashabi joined Saudia Cargo as a board member in August 2021 and became managing director in October 2023.

Prior to joining Saudia Cargo, he served as deputy minister for Logistics Services at the Ministry of Transportation and Logistics Services and Deputy Governor for Planning and Development of the General Authority of Customs. He also served as CEO of the inception phase of an Al Soudah destination at Public Investment Fund (PIF)

"Under his leadership, Saudia Cargo will focus on accelerating its growth, expanding its international network, and advancing Saudi Vision 2030's logistics sector goals, enabling the Kingdom's transformation by securing essential goods and providing customer-centric solutions that help businesses thrive and industries grow," the announcement said.