Yikes! Seems to indicate that Mumtalakat looks at it as a basket case and not something they can work with.
Seems like Gulf Air is afflicted with the text-book signs of "Distressed State Airline Syndrome"
I don't have a good feeling about this.
I don't have a good feeling about this either. Quite inevitable as the government had an admirable goal of recovering the airline from the abyss without having to pay for it with Majali's turnaround plan. I hope they realise that they can't have their cake and eat it too.