Short piece of news in one of Bahrain's Arabic papers about Gulf Air's finances.
BHD 131/$347 million in losses so far this year it would seem.
Projected losses for 2009 are 226 BHD/ $600 million.
According to the spreadsheet printed in the paper, they're not going to see profitability until 2014, (that's if things goto plan).
Click
HERE to see the spreadsheet.