Posts: 1604
Joined: Tue Apr 03, 2001 10:09 pm

Gulf Air Expects Good Growth In Last Quarter

Sun Oct 06, 2002 3:01 am

Gulf Air expects good growth in last quarter

Source: GULF NEWS Copyright © 05/10/2002

An improved passenger load factor and cargo offtake coupled with new promotions will see Gulf Air achieve an 8-10 per cent growth in profitability by this year end, a senior official of the airline said yesterday.

"The last quarter could be unique with demand certainly going up due to the festival season and our unique promotional offers. We anticipate an 8-10 per cent growth in revenue performance," Mahfood Ali Alharthy, general manager, Gulf Air, UAE, said, after unveiling the airline's latest fare promotions from the UAE.

"The UAE market represents a potentially important market for Gulf Air in improving the airline's bottomline and the latest one-week promotion is one of our innovative marketing strategies," he said, adding that it reflected the airline's sales and marketing plans.

The whole market is experiencing a slack period and such offers will afford travellers competitive options.

Gulf Air has achieved an average load factor of around 70 per cent in the last three months, following the changes in the airline's strategy, said Ali Alharthy. "There is room for further growth. Our focus is on premium cabins, enhancing ground services and improving overall services."

The cargo operations of Gulf Air are another area of growth. "The cargo offtake from the UAE has shown exceptional growth on a month-to-month basis," he said, without giving figures.

Gulf Air's recovery strategy plan is currently being examined by the owner-shareholders, namely, the governments of Abu Dhabi, Bahrain and Oman. "Once this is approved, Gulf Air will see some very good changes."

Popular Searches On

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos