It's in the GDN so it MUST be true !!!
Gulf Air is flying into profitability
By Arthur Macdonald , Posted on » Monday, January 17, 2011
MANAMA: Gulf Air will break even within two years, according to chief executive officer Samer Majali.
Speaking on the sidelines of the airline's annual commercial conference at the Gulf Hotel, he predicted that the days of the airline losing $1 million a day were a thing of the past.
"This year we are moving from mission impossible to mission possible," he said in an exclusive interview with the GDN.
"We are on the right track to get back to profitability and we are feeling very positive," he told more than 300 delegates from across the airline's global operations.
"This year will be a real test but with a pragmatic budget I believe losses can be cut."