Downsize...
Got following info from a friend.
On Sunday, 8 April 2007 the Board of Directors unanimously approved our restructuring plan aimed at securing the future of Gulf Air to the benefit of the economy and the people of the Kingdom of Bahrain and the Sultanate of Oman.
The restructuring plan includes far reaching measures to improve the profitability of our company and to stop the significant losses that occur each day.
These measures include the downsizing of the current fleet from 34 to 28 aircraft, creating an all Airbus fleet, and no longer using our own aircraft to fly to some unprofitable destinations.