PPRuNe Forums - View Single Post - Gulf Air orders Airbus jets worth $5 billion
Old 29th May 2008, 19:54
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Che Guevara
 
Join Date: Mar 2007
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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

Last edited by Che Guevara; 29th May 2008 at 20:07.
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