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Gulf Air For Another Turnaround Plan  
User currently offlineojas From India, joined Mar 2008, 2981 posts, RR: 25
Posted (1 year 7 months 20 hours ago) and read 2616 times:

Sad to see an iconic brand reduced to a regional carrier. I still see hope for this carrier and can revive as a boutique carrier of the Gulf.

They also report reduced losses (by 50 percent) in the 1Q.

Gulf Air's latest attempt at a turn around, launched in late 2012, appears to be quickly producing concrete results for the struggling Bahraini national carrier. The latest in a long line of revival attempts, the plan has dramatically downsized the Gulf’s oldest airline in an attempt to end the years of heavy losses.

At the end of 1Q2013, Gulf Air announced it achieved a 21% cut in overall costs during the quarter, crediting the improvement to a reduction in aircraft leasing fees, cuts to flight-related charges and staff expenses and the closure of loss-making routes.


http://centreforaviation.com/analysi...he-beleaguered-flag-carrier-107434

http://gulfnews.com/business/aviatio...rst-quarter-losses-by-50-1.1174183


A lion does not concern himself with the opinions of the sheep
2 replies: All unread, jump to last
 
User currently offlinebmibaby737 From United Kingdom, joined Jun 2005, 1822 posts, RR: 9
Reply 1, posted (1 year 7 months 17 hours ago) and read 2268 times:

Quoting ojas (Thread starter):
Sad to see an iconic brand reduced to a regional carrier. I still see hope for this carrier and can revive as a boutique carrier of the Gulf.

Where does it say that Gulf Air will become only a regional carrier? I don't see any evidence to suggest destinations such as London etc. will be dropped and the A330s returned...


User currently offline777way From Pakistan, joined Dec 2005, 5942 posts, RR: 4
Reply 2, posted (1 year 7 months 12 hours ago) and read 1843 times:

Maybe they can become a full service LCC, I would loved their livery to have had the Oman air belly colours I think it would've complemented the Falcon well, plus the Gulf air titles style from previous 90s livery.

[Edited 2013-05-02 12:05:38]

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