Current Gulf Air issues (threads merged)
Join Date: Jun 2001
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This mangement are doing nothing more than what JH didn't do.
When JH came he stated there were only two ways to go; downsize and restructure or spend your way out. He opted for spending.
Now that has not worked as well as intended, the only option left is to downsize and restructure in order to become efficient and profitable.
Otherwise, it may as well be publicaly stated and committed to by the Government - GF we dont care if you lose money, we dont care if you are inefficient and unproductive, we dont care if the public have little faith in you, we dont care, we dont care, we dont care, we will fund you until the sun don't shine anymore.
The demoralisation of the staff if predominantly through lack of coherent communication, confusing messages and no visibility of the restructuring team, and of course a package that is a long way from the majority of staffs (unrealistic, extravagant, irresponsible and immature) expectations.
When JH came he stated there were only two ways to go; downsize and restructure or spend your way out. He opted for spending.
Now that has not worked as well as intended, the only option left is to downsize and restructure in order to become efficient and profitable.
Otherwise, it may as well be publicaly stated and committed to by the Government - GF we dont care if you lose money, we dont care if you are inefficient and unproductive, we dont care if the public have little faith in you, we dont care, we dont care, we dont care, we will fund you until the sun don't shine anymore.
The demoralisation of the staff if predominantly through lack of coherent communication, confusing messages and no visibility of the restructuring team, and of course a package that is a long way from the majority of staffs (unrealistic, extravagant, irresponsible and immature) expectations.
Join Date: Jun 2001
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Took GF a long time to get into this situation, might take more than a couple months to get it turned 'round...wait and see... there's a light at the end of the tunnel...it's either the other end and the promised land of profitability, or the oncoming train to destruction...time will tell
Join Date: Sep 2006
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I don't even look at management. The last paycheque was on time, the next one probably will too (with the 200bd increase) and the one after that with the new scale (woohoo!!). I'm not demoralized in the least. C'mon guys, let them do their jobs and we do ours. And if that light at the end of the tunnel is a train, so be it. We'll just move on.
Ignorance is BLISS.
Ignorance is BLISS.
Join Date: May 2007
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Attention: brassplate
""I'm not demoralized in the least.""
Did you know that Gulf Air borrowed money last month (solid fact) from Standard Charter bank just to pay the salaries?
How.........
Did you know that Gulf Air borrowed money last month (solid fact) from Standard Charter bank just to pay the salaries?
How.........
Demoralized
Dispirited
Deflated
Depressed
Discouraged
Disheartened
Dispirited
Deflated
Depressed
Discouraged
Disheartened
Are you Now?
Join Date: Sep 2000
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And do you know how much that Bank and other Banks have already lent to GF and not yet got back?
This Bank obviously thinks GF as a company will pay them eventually...but do not feel the same about GF staff loans....What happens when the Banks decided to stop digging?
When Chartered Bank closed down in Iran years ago expats with accounts there were reported to have lost all their deposits as the Iran branch was ring fenced
from the parent company who simply said "Tough"....is the Bahrain branch also ring fenced?
If it is...best get your funds immediately moved to a place or Bank where you have depositor protection....be a shame to lose your owed holiday money from GF if it liquidates also indemnity and your money in the local banks and be pursued for your bonds by the liquidators.
Still very hopefull it will not happen....but why put your dick on the.. I hope line?
Fail safe and load a couple of extra tons....liquidations happen sometimes.
This Bank obviously thinks GF as a company will pay them eventually...but do not feel the same about GF staff loans....What happens when the Banks decided to stop digging?
When Chartered Bank closed down in Iran years ago expats with accounts there were reported to have lost all their deposits as the Iran branch was ring fenced
from the parent company who simply said "Tough"....is the Bahrain branch also ring fenced?
If it is...best get your funds immediately moved to a place or Bank where you have depositor protection....be a shame to lose your owed holiday money from GF if it liquidates also indemnity and your money in the local banks and be pursued for your bonds by the liquidators.
Still very hopefull it will not happen....but why put your dick on the.. I hope line?
Fail safe and load a couple of extra tons....liquidations happen sometimes.
Join Date: Apr 2007
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Sorry guys, but today is the day of the saviour so I am going to have a nice stiff.......drink at wendy's with all my gay friends who decide on Gulf air's future, care to join me?
Join Date: Feb 2002
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Not to get too far off topic but I can tell you that most of the "big named" banks are separately owned subsidiaries. Citibank for sure, as I have asked about their policy of "Force Majeure" and was told corporate (Citibank-NY) will not reimburse funds "lost" at other off-shore Citibank units due to "Force Majeure". They suggested opening accounts in your "home country" for safety.
Join Date: Sep 2006
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Fay jinah,
you mean if little me cared a bit more, GF will be saved? Good one!
Am I demoralised yet, CI100? Nope. Like I said, ignorance is Bliss! And I don't care how they get our salaries, as long as they pay it, which they have done a million times.
To put it all into perspective, I only care about doing my specified job as best and as professionally as I possibly can. As for the periphery, I don't see any. There is people there I'm sure who are paid to do their jobs.
If the house of cards come tumbling down, this little card will find a new deck, and you know there's plenty of those around.
So my advice? Do your job, save a bit of money (in case next pay, if ever, is delayed), and be ready to move on quickly if it all falls over.
you mean if little me cared a bit more, GF will be saved? Good one!
Am I demoralised yet, CI100? Nope. Like I said, ignorance is Bliss! And I don't care how they get our salaries, as long as they pay it, which they have done a million times.
To put it all into perspective, I only care about doing my specified job as best and as professionally as I possibly can. As for the periphery, I don't see any. There is people there I'm sure who are paid to do their jobs.
If the house of cards come tumbling down, this little card will find a new deck, and you know there's plenty of those around.
So my advice? Do your job, save a bit of money (in case next pay, if ever, is delayed), and be ready to move on quickly if it all falls over.
Join Date: May 2007
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question for you......brassplate
>>>>> as long as they pay it, which they have done a million times. <<<<
So, Lets say: they were paying you 1 BD per month, you are telling us that you have recieved 1,000,000 BD and still working for Gulf Air?
Just something to laugh about.....
So, Lets say: they were paying you 1 BD per month, you are telling us that you have recieved 1,000,000 BD and still working for Gulf Air?
Just something to laugh about.....
Join Date: Sep 2006
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Give me any ligit reason for me to leave without paying the bond and I'll be outa here like a shot. If the airline folding is one of them, I'll take it. Besides, there's better parts of the world to work in and the ME is definitely not one of them.
Join Date: Jun 2005
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Brassplate, and everyone else, it's time to ignore posts by M. Hunt. He is not even a pilot with GF and his opinion not worth the bandwidth it consumes. Reactionary and idealistic sums the guy up so don't take the bait!
Join Date: Nov 2003
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The name is Bond, Training Bond, but you can call me darling...
Did anybody ever bring the legality of the signed bonds before a lawyer, and if so, what was the answer?
Please support any possible answers with references to applicable paragraphs in the Bahraini Labour Law
Please support any possible answers with references to applicable paragraphs in the Bahraini Labour Law
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Like I said before you are best ignored at this stage. Do you know what the P's in PPrune stand for? Clue is you are not one, so if anyone should switch off it's you, go back to your kitchen like a good little chef!
Join Date: Sep 2005
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Popular Rumour has it that the "package" is being presented to the board on Wednesday? TBC......?
I trust it will be presentable or the handles are going to get pulled in a hurry.
(Know of 3 resignations in my humble circle of friends with more looming, sad but true)
I trust it will be presentable or the handles are going to get pulled in a hurry.
(Know of 3 resignations in my humble circle of friends with more looming, sad but true)
Join Date: May 2007
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The only thing I heard was 125 BD per child per month. (with that you are responsible for their education, etc.....)
if that is the case it will be 1500 BD/yr
St. Ch.... is 751 BD per term for a total of 2253/yr which will leave you with 753 BD still short.
if that is the case it will be 1500 BD/yr
St. Ch.... is 751 BD per term for a total of 2253/yr which will leave you with 753 BD still short.