From : The Bahrain Tribune Newspaper
GF Boss quits - Cost cutting plans marred tenure
By Ajit John
President and CEO Andre Dose of Gulf Air tendered his resignation yesterday, sources told the Tribune.
The airline spokesperson, however, refused to entertain speculation saying the Board of Directors and senior management were in constant meeting throughout the day to decide what action needed to be taken to move forward. They intended to meet again today to discuss various possibilities.
This follows weeks of speculation in the local media about the tenure of Dose. He was bought to resuscitate the airline after a successful operation in Swiss Air where he turned a bankrupt airline into a successful operation.
His short tenure was marked by unease over his plans to cut costs to the tune of BD60 million.
To achieve this aim, the carrier would focus its attention on the region and also trim its manpower strength by offloading 950 members of its staff.
This resulted in strikes by staff that expressed their displeasure with the severance packages that were offered.
The matter was solved when the government decided to intervene and bear the cost of the extra employees.