Luckely Gulf Air is not alone in loosing money fast. Here another example, besides Air India earlier. Look at Aerolineas Argentinas nowadays. Used to be owned by a privat group but now under goverment control. 44 aircraft + 20 jets that operate with Austral. It has some similarities in the problems it has and how it operates. Goverment (tax payer) already spend 2.4bln dollars since 2008 on it and still today loosing 2.2mln dollars PER DAY.
How come some airlines just can't turn things around even with
extortionate amounts of money being thrown at it?