newswatcher
7th Apr 2003, 21:53
From the UAE "Gulf News"(7/4):
"Regional carrier Gulf Air said yesterday it plans to buy or lease 60 aircraft to triple its fleet over the next decade. Gulf Air President and Chief Executive James Hogan told reporters the Bahrain-based company would add "60 aircraft over 10 years" as part of its long-term strategy.:D
He declined to give further details.:(
Gulf Air said in December it was in talks with Boeing Co, Airbus, Embraer and Bombardier to expand its fleet. The debt-ridden carrier currently runs 30 aircraft. The troubled carrier is adding new destinations after receiving a pledge for a cash injection of nearly $240 million from owner states Bahrain, Oman and Abu Dhabi.
"Regional carrier Gulf Air said yesterday it plans to buy or lease 60 aircraft to triple its fleet over the next decade. Gulf Air President and Chief Executive James Hogan told reporters the Bahrain-based company would add "60 aircraft over 10 years" as part of its long-term strategy.:D
He declined to give further details.:(
Gulf Air said in December it was in talks with Boeing Co, Airbus, Embraer and Bombardier to expand its fleet. The debt-ridden carrier currently runs 30 aircraft. The troubled carrier is adding new destinations after receiving a pledge for a cash injection of nearly $240 million from owner states Bahrain, Oman and Abu Dhabi.