Passed along to me by someone who reads the Daily Tribune:
Four proposals on new strategies for Gulf Air’s future were yesterday presented to a committee that was formed especially to discuss the airline's fate, DT has learnt.
The proposals are:
1) Close the company.
2) Leave it as it is with a loss of BD180 million (half a million dinars per day) and deal with the consequences, as there are many other profitable companies running under the Gulf Air umbrella.
3) Create a new company and develop private sector partnership.
4) Shrink the company.