Ok, official word.
Manama, Bahrain 23 July 2007: The Chairman of the Board of Directors of Gulf Air, Mr. Mahmood Hashim Al Kooheji, announced today that the Board in its meeting held today 23rd July 2007 in the presence of the President and Chief Executive of the Company, Mr. Andre Dose, discussed the modus operandi of the company that was approved by the Board last week to ensure transparency and adherence to the rules and regulations of the Kingdom of Bahrain to be executed once the ownership of the company transfers entirely to the Kingdom of Bahrain, represented by Bahrain Mumtalakat Holding Company B.S.C.(c). The Board of Directors reviewed available options for the ongoing implementation of the company’s restructuring plan.
It has been mutually decided that Mr. Andre Dose will leave the company in accordance with the terms of his employment contract. The Board thanked Mr. Dose for his assistance to the company during his employment period and wished him every success in his future plans.
The Board also discussed the latest developments with regard to the implementation of the company’s restructuring plan and expressed its satisfaction with the positive results achieved thus far. The Board also expressed gratitude and appreciation to all company employees for their positive contributions towards such achievements. In addition, the Board thanked all those involved within Bahrain International Airport, the Civil Aviation Authority and Bahrain Airport Services (BAS) Company for their cooperation in supporting the National Carrier.
The Board is highly optimistic and trusts that the company will have a promising future especially after the implementation of the Company’s network optimisation and overall restructuring plan, thereby continuing its 57 year history.
The Board has also announced that a search for a new President and Chief Executive is ongoing.