Nasair Awards Equipment Deal to Hamilton Sundstrand
| July 12, 2012 – Nasair, a commercial airline subsidiary of Al Kholi Group and an affiliate of Kingdom Holding Co., has signed a contract with Hamilton Sundstrand Corporation, a subsidiary of United Technologies Corporation, for the installation of its APS3200 auxiliary power units (APUs) for Nasair’s Airbus 320 fleet. In addition to installing APS3200s on all of Nasair’s new aircraft, Hamilton Sundstrand will also retrofit the airline’s nine existing aircraft with the APUs. The contract also includes a long-term fixed-price agreement for the maintenance of the APS3200s for a period of 10 years on Nasair’s purchased and leased aircraft. |