BD 600 million !!
That is how much GF has to pay its creditors. Of course , that does not include the operating expenses and the daily losses. That is really astonishing for a country as small as Bahrain.
Who in his right mind will dare to buy this airline and restructure it into profitability?
Just how many people they can sack and how many station they can close? and what about the orders with both Airbus and Boeing ???
One famous Aussie CEO said once about the airline strategy " You downsize GF and close stations , you say goodbye to this airline."
This is all mind boggling.