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Gulf International unit inks deal with Saudi Aramco

Gulf International unit inks deal with Saudi Aramco
Photo Credit: Gulf International's website
Gulf International
GISS
-1.28% 3.09 -0.04

Doha-Mubasher: Gulf Helicopters Company (GHC), a wholly owned subsidiary of Gulf International Services, signed a new contract with Saudi Aramco, according to a bourse statement.

Under the agreement, GHC will carry out maintenance on Aramco’s fleet of AgustaWestland AW139 helicopters.

Gulf Helicopters has so far undertaken 4-year inspection on over 15 AW 139s, the statement said, adding that the company’s maintenance capabilities extend to the other types of helicopters.

Gulf International’s stock rose 3.51% to QAR 33.95 by 10:20am Qatar time.