What's this? We are announcing a new destination on de Nile? Luxorious Luxor?
$510 million put into perspective:
Average loss of $1.4 million per day, every day.
A loss of $106,250 USD per employee, per year.
Here is a harebrained, tongue-in-cheek cost-saving idea for Gulf Air and Bahrain. Shut down the airline, send all the employees home. Continue to send monthly paychecks to not come to work. Let other carriers fill any vacuum by serving the routes based on demand and economics. Gulf Air and Bahrain would lose considerably less money than it is now.