Is there any new start up presently starting or planned in Bahrain?
No, unless you count Bahrain Air loco. (certainly no Air Arabia, nor will it ever be)
I believe GF owed over a Billion dinars to is creditors in Hogans time
Hogan sold off their assets to pay the creditors and show a profit in order to collect his bonus. Smoke and mirrors, his forte.
so a liquidation and a new start up is possibly an accountants way forward.
Don't think so.
So if BA had financial trouble again, would it make sense to re-name it Air Britain and start with a clean slate....?
Chao