boeingdriverx, guess you're right. More importantly, how will this affect the pilots? On today's paper.
MANAMA: Gulf Air is planning to launch part of its shares for subscription next year, it was revealed last night. It will allow private institutions, including Gulf companies, to buy shares, chairman Mahmood Al Kooheji told Akhbar Al Khaleej.
With the government's support, the management aims to lead the company back to profitability, which will consolidate its status and raise its shares in both Bahrain and the Gulf markets, Mr Al Kooheji said.
The government is determined to maintain Gulf Air's position as an essential and strong backer for the national economy, he said.
"Gulf Air is now on the right path to success."