ojas From India, joined Mar 2008, 3026 posts, RR: 25 Posted (1 year 11 months 3 weeks 1 day 10 hours ago) and read 2820 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.
777way From Pakistan, joined Dec 2005, 6845 posts, RR: 4
Reply 2, posted (1 year 11 months 3 weeks 1 day 2 hours ago) and read 2047 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.