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

Gulf Air Sign US$64 Million Deal With SCB

Mon Aug 30, 2004 7:51 pm

Gulf Air and Standard Chartered Bank (SCB) today signed a syndicated loan agreement for the provision of US$ 65 million that will be used to finance continued investments forming part of the airline's three-year restructuring programme notably in the airline's fleet, IT infrastructure and its product and service portfolio.

Posts: 5131
Joined: Sun Feb 22, 2004 1:04 am

RE: Gulf Air Sign US$64 Million Deal With SCB

Tue Aug 31, 2004 8:38 am

GF-A330, you made a post a few weeks ago about MS and GF signing an agreement to co-operate more together like codesharing on one another's flights between Egypt and the UAE. It also included starting new flights to Sharm El Sheikh/Hurghada. Do you have more information on that?


EGYPT: A 7,000 Year Old Civilisation
Posts: 1604
Joined: Tue Apr 03, 2001 10:09 pm

RE: Gulf Air Sign US$64 Million Deal With SCB

Wed Sep 01, 2004 6:01 am

Sorry Horus, I do not at present have further information regarding this, but am in the process of finding out for you by my Gulf Air source.


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