|Quoting GF777 (Reply 2):|
Gulf Air is a government own company, so they kind of have a stronger back bone.
Yes, but when politics prevents you from suceeding...
"The company sustained considerable financial losses as a result of the unstable political and security situation in Bahrain. In 2011, during Bahrain’s State of National Emergency, the airline was instructed to suspend flights to several destinations, and also suffered from the lack of traffic to and from Bahrain, and from the restrictions on the Saudi Causeway. Despite the Royal Decree number 18 for 2011 Article 5/10 regulating land, sea and air transportation during Bahrain’s State of National safety which states that all affected parties will be fairly compensated, the airline, despite making official claims, has received no compensation."
"The airline is now being required to make immediate payments on past government debts or face closure at the same time as having its scheduled operations, both destinations and frequencies, being reduced considerably by the Civil Aviation Affairs in the Ministry of Transportation. This effectively strangles the airline by simultaneously requesting payments and reducing its ability to generate the necessary revenues both to make these payments and to sustain long term profitability. The shareholders of the company have spared no effort to support the airline financially since its inception and to support the airline and Bahrain through the unrest in 2011."
And the final blow...
"The airline has also spared no effort to negotiate a solution with the Minister of Transportation (who is also an active board member of Gulf Air) "
You have no choice but to fold.
This is too bad, I really enjoyed my visit to Bahrain years ago too!