Gulf Air’s maintenance, repair and overhaul (MRO) provider Gulf Aircraft Maintenance (Gamco) says that despite the airline’s decision to team with SR Technics for its future requirements, its current contract still has almost two years to run, writes Max Kingsley-Jones.
“We have a contract to support Gulf Air through to December 2008,” says Gamco general manager Saif Al Mughairy.
Bahrain-based Gulf Air, which has a 40% stake in Gamco, is splitting from its long-term maintenance partner in favour of SR Technics, with which it will establish a maintenance centre in Oman (Flight International, 28 March-3 April).
Although the departure of Gamco’s major customer has raised questions about the MRO provider’s future, Al Mughairy says Gamco’s growth will continue “at the normal pace” driven by the “expansion of the aerospace business in the region and the Indian subcontinent”.
Al Mughairy adds that Gulf Air’s business had once amounted to 75% of its revenue, but its third-party business is now significantly greater.
Source: Flight International
