But now, its official, Oman officially exists Gulf Air after it became 20% owner recently, effective today.
Bahrain is now the sole-owner of Gulf Air.
MANAMA, MAY 5 (BNA) -- OMAN HAS COMPLETELY WITHDRAWN FROM GULF AIR EFFECTIVE TODAY.
THE WITHDRAWAL PROCEDURE WILL BE SET IN MOTION IN ACCORDANCE WITH ARTICLE 22 OF THE COMPANYS RULES.
THE COMMITTEE WILL ALSO OVERSEE THE TRANSFER OF THE AIRLINES OWNERSHIP TO BAHRAIN.
THE MEETING ALSO DECIDED THAT THE COMPANY WILL BE COMPLETELY MANAGED BY BAHRAIN.
SHAIKH AHMED PRAISED THE ROLE PLAYED BY OMAN IN SUPPORTING THE AIRLINE SINCE ITS INCEPTION MORE THAN 30 YEARS AGO WHICH, HE SAID, REFLECTED THE DEPTH OF RELATIONS BETWEEN THE TWO COUNTRIES.
Exciting next few months for GF, Ihope they get their acts together now that OMAN is off the table and the burden!!
[Edited 2007-05-05 22:25:21]
[Edited 2007-05-05 22:44:12]