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Are GMG Airlines On Verge Of Collapse?  
User currently offlineLEEDS19 From United Arab Emirates, joined May 2008, 92 posts, RR: 0
Posted (6 years 3 months 2 weeks 4 days ago) and read 2304 times:

http://asia.news.yahoo.com/080523/4/3juxz.html

Seems like another Airline having financial difficulties and they have cancelled their flights into DXB at least for the past 4-5 days now.Anybody know if they have been operating flights elsewhere.I think acquiring the 747s was a little ambitious and they should have built the traffic loads with maybe an Aircraft of A310 size before committing to the 747-300 and the much higher costs involved with that Aircraft.

1 replies: All unread, jump to last
 
User currently offlineFCKC From France, joined Nov 2004, 2348 posts, RR: 4
Reply 1, posted (6 years 3 months 2 weeks 3 days 22 hours ago) and read 2134 times:

An airline being in default in payment , is an airline in bad shape.
Perhaps they were too ambitious , by lauching this service to DXB.
They surely have to concentrate on domestic and regional markets , and stop this DXB service.

Perhaps the BG 747 service to DXB , has hurt the GMG service there.


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