Gulf Technics signs services agreement
Manama, January 21, 2012
Gulf Technics (GT), a wholly-owned subsidiary of Bahrain Mumtalakat Holding Company, has signed an agreement with ST Aerospace to provide component support solutions and services to GT's inventory of aircraft components.
The agreement is part of a strategic move to provide more efficient service to current and prospective airline customers served by GT and to further develop and strengthen GT's technical and logistical services.
It was signed by GT head of Research and Business Development Dr Ahmed Elnenaey and ST Aerospace Component Total Support executive vice-president Tan Seow Juay.
"ST Aerospace was selected for its vast experience as an aircraft component solutions provider, and we are hopeful that they will be able to meet the vision of GT, which is to provide world-class component services to its customers," GT director Ahmed Al Rayes said.
GT has located significant stock of Airbus A320 and A330/340 in Bahrain to serve Gulf Air and other airlines and clients in the region and across the world.
"With the additional support from ST Aerospace, GT will enhance its pool service level through higher part-availability. Our agreement with ST Aerospace revolves around strict TAT to maintain replenishment of parts at above market standards."
"In parallel, we will be building our in-house capabilities to develop certain repair capabilities as well as full component engineering services to manage the pool and the growing fleet of our customers," said Dr Elnenaey.
"GT will be able to leverage ST Aerospace's global network of maintenance facilities and distribution centres as well as its customer-centric component products to serve the exacting needs of GT's customers, providing them with high quality, reliable and cost-effective maintenance solutions," Tan said.-TradeArabia News Service