Bahrain to privatise Gulf Air
- Bahrain: Thursday, February 25 - 2010 at 09:24
Shaikh Mohammed bin Essa Al Khalifa, chief executive of Bahrain's Economic Development Board, has said the kingdom plans to privatise Gulf Air within about a year, after its turnaround programme bears fruit, Reuters has reported. 'The intention is to privatise but if you're going to privatise something, people want something that doesn't have a hundred-tonne anchor weighing it down,' he told the news service. 'It will take realistically a year.'
So I guess we have only 1 year to look for a job!!