Gulf Air Developments

[Albergineman]

Happy about GF turn around plan and expats leaving...

GULF Air was yesterday praised as the pillar of Bahrain's economy. Shura Council Ali Saleh Al Saleh chairman hailed measures taken by the airline to improve performance and avert losses.
He was speaking as he chaired the council's financial and economic affairs committee meeting in the presence of Mumtalakat chief executiv officer Talal Alzain and Gulf Air chief executive officer Samer Al Majali.
While pointing out that it is time for change in the airline's administrative policies, Mr Al Saleh praised its rescue plan aimed at returning Gulf Air to profitability within three years.
Mr Al Saleh underpinned the importance of retaining Bahraini staff and expressed confidence in the airline's board in achieving positive results.
The committee will meet Mumtalakat and Gulf Air officials next week to discuss the situation at the airlline and discuss the blueprint to turn it around, committee head Khalid Al Maskati said.
The GDN earlier reported that details of the rescue plan were revealed for the first time to members of parliament's financial and economic affairs committee last week . Committee chairman MP Abduljalil Khalil had revealed that workforce cuts could start within a few months.
"It will happen in the upcoming months, when the strategy is implemented," he said.
However, Mr Khalil had said he had been impressed with Gulf Air's new action plan - saying it was the first time MPs had been given a "real plan" designed to steer the airline back into profit.