With Emirates having over 130 airplanes, Qatar over 70 & Etihad over 50 it doesn't add up that with just our 32 airplanes that we are in such bad shape??? Also, the losses projected by IATA for the region include a few other carriers as well. One word-STEALING!!!
look on the bright side..GF will be the only national airline of the GCC which has a fleet smaller than air arabia and al jazeera.. besides SV..but they have 747s and 777s so that cancels out.