Gulf Air signed an MOU with SR Technics establishing terms of a five-year, $750 million contract covering MRO of the carrier's fleet of 10 A320s, six A330s, nine A340s and nine 767-300s. SR Technics will establish a $50 million, three-bay hangar and maintenance facility and training center in Oman. Gulf Air moved its MRO work from Abu Dhabi following that government's withdrawal as an investor in the carrier (ATWOnline, Feb. 8).
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