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Article: GULF AIR AND SR TECHNICS SIGN MOU ON MAINTENANCE.(Gulf Air Company GSC, SR Technics Switzerland)(memorandum of understanding)
- Article from:
- Middle East
- Article date:
- April 16, 2006
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Gulf Air has announced that it will sign a Memorandum of Understanding (MOU) with Swiss-based SR Technics Holding ("SR Technics") in terms of which SR Technics will assume total responsibility for the maintenance, repair and operation of the airline's fleet in a five-year contract valued at USD750 million. The MOU also makes provision for the establishment of an aircraft maintenance facility and training centre to be based in the Sultanate of Oman.
Commenting on the announcement, Gulf Air President and Chief Executive James Hogan said: "We have been very fortunate in having had the benefit of world-class maintenance service from GAMCO. And I would like to thank ...