SR Technics confirmed Jan. 13 that Bahrain-based Gulf Air has given notice that it intends to terminate the five-year, $750 million support contract announced in March 2006. An SR Technics spokesman said the contract will end within six months and that the Switzerland-based MRO provider is studying the implications of the contract cancelation. He declined to disclose the reasons for the termination. When it announced the contract in 2006, SR Technics, which subsequently was acquired by a ...
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