Gulf Air Developments
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Roster is out, not too grand but atleast i rest assured knowing rostering aint gonna nick my not so savoury trips to give it to there mates.. Haa haa.. So for once i might actually get to fly my published roster.. Haa haa
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Safi Airways to codeshare with Gulf Air on Kabul route
Safi Airways Partners With Gulf Air to Bahrain :: Routesonline
Looks like: " you'll get three flights if we get three flights as well".
Safi Airways Partners With Gulf Air to Bahrain :: Routesonline
Looks like: " you'll get three flights if we get three flights as well".
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They also discussed ways to support economic and investment activity to serve the national economy and its demands. In this regard they highlighted the importance of continuing to direct the national carrier Gulf Air to financial stability
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Bahrain parliament
Finally they said something enlightening.Gulf Air isn't going anywhere while curroption feeds on the airline parasitically.Gulf Air needs the investment but it is certainly going to be of no use unless they the leaks are fixed.
Finally they said something enlightening.Gulf Air isn't going anywhere while curroption feeds on the airline parasitically.Gulf Air needs the investment but it is certainly going to be of no use unless they the leaks are fixed.
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In al watan rag today.. The government is studying closing the company temporarily and putting those involved in corruption issues on trial.
Am all for it.. Its time to weed out the crooks.
The headlines also state that a certain secretary receives a salary of BD 7000 a month, and she does'nt even do Dhaka turnarounds.. Hmmmm
Am all for it.. Its time to weed out the crooks.
The headlines also state that a certain secretary receives a salary of BD 7000 a month, and she does'nt even do Dhaka turnarounds.. Hmmmm
40 & 80, had the same problem. Can't get into the site even though I am told that I now qualify ! Had lunch with a GF Vet who ,also, is unable to access. Went up to Nicosia to see the GF staff at the HQ but the office is closed down & some staff laid off. Back to the Monarch- Easyjet plan then !
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‘Gulf Air should set its priorities right’
"Gulf Air (GF) should be helped to streamline its priorities as the airline is vital to the country’s economy, say
businessmen.
They emphasised that closing the company was not a solution and recommended that it be shrunk to a local economy status airline, so that it survives its difficult phase with ease.
Observing that strategies being debated for the future of GF were vague, Mashal Group Chairman Dr Yousef H Mashal said, "Proper information is not available to analyse the conditions of the company. Even the recent suggestion on reducing the size of the airline to 20-22 aircraft is too ambitious.”
GF should remain an economy airline, sell its assets and pay off its debts, while ensuring that it does not lose out on the main airports in the international aviation map, he said, adding, “Reducing their extra stations all over the world and sharing/rentals with other airlines could add revenue to the airline.”
Commenting on the issue of citizens losing their jobs, Dr Mashal said the employees can be compensated suitably. "It is more like a sacrifice for the country.”
Pointing out that GF was a major drainer on Bahrain’s budget in the past, Dr Mashal said the Parliament was justified in denying further funds to the airline.
A merger with existing airlines might not be wise as long as the partner is not a profit-making unit. “Merger of two financially sick companies will require a lot of cash inflow and will again remain a burden on the government,” he said and suggested that a "merger-cum-privatization" should be the deal. The company should stay away from the government and be managed by a private owner, he added.
However, businessman icon Abdul Hameed Kooheji said retaining GF was extremely important for the government as the airline linked Bahrain with the rest of the world. “By shutting down Gulf Air, we will be putting our economy in other’s hands, which is a huge risk,” said Mr Kooheji.
The tussle between MPs and the government should be sorted and primarily the top management of GF should be reshuffled. Mr Kooheji also pointed out that rearrangements in the past did not work well as the management lacked feasible plans.
"The extreme possibility in this scenario is only putting limits to its losses. We have to find a solution to keep Gulf Air afloat," he added"
businessmen.
They emphasised that closing the company was not a solution and recommended that it be shrunk to a local economy status airline, so that it survives its difficult phase with ease.
Observing that strategies being debated for the future of GF were vague, Mashal Group Chairman Dr Yousef H Mashal said, "Proper information is not available to analyse the conditions of the company. Even the recent suggestion on reducing the size of the airline to 20-22 aircraft is too ambitious.”
GF should remain an economy airline, sell its assets and pay off its debts, while ensuring that it does not lose out on the main airports in the international aviation map, he said, adding, “Reducing their extra stations all over the world and sharing/rentals with other airlines could add revenue to the airline.”
Commenting on the issue of citizens losing their jobs, Dr Mashal said the employees can be compensated suitably. "It is more like a sacrifice for the country.”
Pointing out that GF was a major drainer on Bahrain’s budget in the past, Dr Mashal said the Parliament was justified in denying further funds to the airline.
A merger with existing airlines might not be wise as long as the partner is not a profit-making unit. “Merger of two financially sick companies will require a lot of cash inflow and will again remain a burden on the government,” he said and suggested that a "merger-cum-privatization" should be the deal. The company should stay away from the government and be managed by a private owner, he added.
However, businessman icon Abdul Hameed Kooheji said retaining GF was extremely important for the government as the airline linked Bahrain with the rest of the world. “By shutting down Gulf Air, we will be putting our economy in other’s hands, which is a huge risk,” said Mr Kooheji.
The tussle between MPs and the government should be sorted and primarily the top management of GF should be reshuffled. Mr Kooheji also pointed out that rearrangements in the past did not work well as the management lacked feasible plans.
"The extreme possibility in this scenario is only putting limits to its losses. We have to find a solution to keep Gulf Air afloat," he added"
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10, 20, 50 or more aircrafts doesn't matter. They all have to answer the following:
ASM— Available Seat Mile. A measure of capacity. ASM’s equal the total number of seats available for transporting passengers during a reporting period multiplied by the total number of miles flown during that period.
RPM— Revenue Passenger Mile. One revenue-paying passenger transported one mile. RPM's equal the number of revenue passengers during a reporting period multiplied by the number of miles flown by those passengers during that period, RPM’s are also referred to as “traffic”.
Yield— The amount of passenger revenue earned per RPM during a reporting period.
RASM— Operating Revenue per ASM. The amount of operating revenue earned per ASM during a reporting period. RASM is also referred to as “unit revenue.”
PRASM— Passenger Revenue per ASM. The amount of passenger revenue earned per ASM during a reporting period. Passenger RASM is also referred to as “unit revenue.”
CASM— (Operating) Cost per Available Seat Mile. The amount of operating cost incurred per ASM during a reporting period, also referred to as “unit cost”.
LF-- Passenger Load Factor — A measure of utilized available seating capacity calculated by dividing RPMs by ASM’s for a reporting period.
ASM— Available Seat Mile. A measure of capacity. ASM’s equal the total number of seats available for transporting passengers during a reporting period multiplied by the total number of miles flown during that period.
RPM— Revenue Passenger Mile. One revenue-paying passenger transported one mile. RPM's equal the number of revenue passengers during a reporting period multiplied by the number of miles flown by those passengers during that period, RPM’s are also referred to as “traffic”.
Yield— The amount of passenger revenue earned per RPM during a reporting period.
RASM— Operating Revenue per ASM. The amount of operating revenue earned per ASM during a reporting period. RASM is also referred to as “unit revenue.”
PRASM— Passenger Revenue per ASM. The amount of passenger revenue earned per ASM during a reporting period. Passenger RASM is also referred to as “unit revenue.”
CASM— (Operating) Cost per Available Seat Mile. The amount of operating cost incurred per ASM during a reporting period, also referred to as “unit cost”.
LF-- Passenger Load Factor — A measure of utilized available seating capacity calculated by dividing RPMs by ASM’s for a reporting period.
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Oh and here is an airline that is doing fairly well. Budget for 2012.
Year over year change
estimates Financial
5.6% Passenger revenue
7.0% Cargo & freight revenue
6.0% Other revenue
5.6% Total consolidated operating revenue
5.2% Total consolidated operating expenses
1.0% Wage, salary & benefit expense
10.8% Fuel & oil expense
3.0% Unrestricted cash & short term investments
Total assets
Net debt = (long-term debt - cash & equivalents)
Air traffic liability/Advance ticket sales
Operational
-1.0% Fuel consumption
12.0% Fuel price
1.0% Revenue passenger miles (RPM's)
0.0% Available seat miles (ASM's)
1.0% Passenger load factor (LF)
4.5% Passenger yield
5.6% Unit revenue (RASM)
5.5% Passenger unit revenue (PRASM)
5.3% Unit costs (CASM)
0.0% Passengers
1.9% Unit costs ex-fuel
2.8% Unit costs ex fuel and ex-labor
5.6% Average passenger fare (calculated by AF)
Line item ratio of total operating costs
27.8% Wages, salaries & benefits (mainline operations)
40.1% Fuel & oil (mainline operations)
6.3% Other rentals/landing fees (mainline operations)
4.5% Depreciation/amortization (mainline operations)
6.4% Maintenance materials/repairs (mainline operations)
2.4% Aircraft rentals (mainline operations)
12.5% Other operating expenses
-2.0% Other non operating Income/expense
-0.5% Other income/expense (taxes/misc)
Line item ratio of total operating revenue
26.3% Wages, salaries & benefits (mainline operations)
Net debt = (long-term debt - cash & equivalents) TTM*
0.80% Net interest expense ratio of total revenue
Air traffic liability/Advance ticket sales TTM*
Year over year change
estimates Financial
5.6% Passenger revenue
7.0% Cargo & freight revenue
6.0% Other revenue
5.6% Total consolidated operating revenue
5.2% Total consolidated operating expenses
1.0% Wage, salary & benefit expense
10.8% Fuel & oil expense
3.0% Unrestricted cash & short term investments
Total assets
Net debt = (long-term debt - cash & equivalents)
Air traffic liability/Advance ticket sales
Operational
-1.0% Fuel consumption
12.0% Fuel price
1.0% Revenue passenger miles (RPM's)
0.0% Available seat miles (ASM's)
1.0% Passenger load factor (LF)
4.5% Passenger yield
5.6% Unit revenue (RASM)
5.5% Passenger unit revenue (PRASM)
5.3% Unit costs (CASM)
0.0% Passengers
1.9% Unit costs ex-fuel
2.8% Unit costs ex fuel and ex-labor
5.6% Average passenger fare (calculated by AF)
Line item ratio of total operating costs
27.8% Wages, salaries & benefits (mainline operations)
40.1% Fuel & oil (mainline operations)
6.3% Other rentals/landing fees (mainline operations)
4.5% Depreciation/amortization (mainline operations)
6.4% Maintenance materials/repairs (mainline operations)
2.4% Aircraft rentals (mainline operations)
12.5% Other operating expenses
-2.0% Other non operating Income/expense
-0.5% Other income/expense (taxes/misc)
Line item ratio of total operating revenue
26.3% Wages, salaries & benefits (mainline operations)
Net debt = (long-term debt - cash & equivalents) TTM*
0.80% Net interest expense ratio of total revenue
Air traffic liability/Advance ticket sales TTM*
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Closing stations and reducing staff is not going to help one bit. If they review the management and search & fix the "leaks",that would do it
See it this way, if a person is injured and bleeding(obviously), the natural thing to do is stop the bleeding,replace the blood lost (if it is a significant amount) & be on your way!
What Bahrain is doing is amputating the patient's limbs and ignoring the wounded areas.More like butchering of you ask me....
See it this way, if a person is injured and bleeding(obviously), the natural thing to do is stop the bleeding,replace the blood lost (if it is a significant amount) & be on your way!
What Bahrain is doing is amputating the patient's limbs and ignoring the wounded areas.More like butchering of you ask me....
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$$ - this ain't to hard to understand
2012 Projection
$926 Operating income/loss (million)(excludes special charges)
$3,238 3.0% Unrestricted cash & equivalents (million)
$4,600 Cash flow from operations (estimated daily average) (000)
-3.1% Required breakeven fare increase percentage
$4.66 Avg profit (loss) per passenger
Revenues (million)
$16,411 5.6% Passenger
$149 7.0% Cargo & freight
$965 6.0% Other
$17,524 5.6% Total consolidated operating revenue
$6,654 Expenses (million)
$4,610 1.0% Wages, salaries & benefits
$6,654 10.8% Fuel & oil
$1,038 2.5% Other rentals/landing fees
$753 Depreciation/amortization
$1,069 Maintenance materials/repairs
$399 Aircraft rentals
$2,076 Other operating expenses
$16,598 5.2% Total consolidated operating expenses
-$333 -10.0% Other non operating Income/expense
-$80 -45.0% Other income/expense (taxes/misc)
$1,679 Cash flow from operations (million)
Operational data (mainline)
691 -1.0% Operating aircraft (mainline)
1,868 -1.0% Fuel consumption (gallons) (million)
$3.562 12.0% Fuel price/gallon
104,903 1.0% RPM's (millions)
128,518 0.0% ASM's (millions)
81.6% Load Factor
15.64 4.5% Yield (cents)
13.64 5.6% RASM (operating unit revenue)(cents) estimated [c]
12.77 5.5% PRASM (passenger unit revenue) (cents) [c]
12.92 5.3% CASM (unit cost)(cents)(ex spcl items and ex profit sharing)
110.152 0.0% Passengers (million)
$148.98 5.6% Average one way passenger fare (revenue to airline)
$41.85 1.0% Average wage/salary/benefit expense per passenger fare
$60.40 10.8% Avg fuel expense per passenger fare
$144.33 4.3% Avg net expense per passenger
$926 Operating income/loss (million)(excludes special charges)
$3,238 3.0% Unrestricted cash & equivalents (million)
$4,600 Cash flow from operations (estimated daily average) (000)
-3.1% Required breakeven fare increase percentage
$4.66 Avg profit (loss) per passenger
Revenues (million)
$16,411 5.6% Passenger
$149 7.0% Cargo & freight
$965 6.0% Other
$17,524 5.6% Total consolidated operating revenue
$6,654 Expenses (million)
$4,610 1.0% Wages, salaries & benefits
$6,654 10.8% Fuel & oil
$1,038 2.5% Other rentals/landing fees
$753 Depreciation/amortization
$1,069 Maintenance materials/repairs
$399 Aircraft rentals
$2,076 Other operating expenses
$16,598 5.2% Total consolidated operating expenses
-$333 -10.0% Other non operating Income/expense
-$80 -45.0% Other income/expense (taxes/misc)
$1,679 Cash flow from operations (million)
Operational data (mainline)
691 -1.0% Operating aircraft (mainline)
1,868 -1.0% Fuel consumption (gallons) (million)
$3.562 12.0% Fuel price/gallon
104,903 1.0% RPM's (millions)
128,518 0.0% ASM's (millions)
81.6% Load Factor
15.64 4.5% Yield (cents)
13.64 5.6% RASM (operating unit revenue)(cents) estimated [c]
12.77 5.5% PRASM (passenger unit revenue) (cents) [c]
12.92 5.3% CASM (unit cost)(cents)(ex spcl items and ex profit sharing)
110.152 0.0% Passengers (million)
$148.98 5.6% Average one way passenger fare (revenue to airline)
$41.85 1.0% Average wage/salary/benefit expense per passenger fare
$60.40 10.8% Avg fuel expense per passenger fare
$144.33 4.3% Avg net expense per passenger
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the security procedure to enter Pink Palace is so bad and useless. why isn't there any electronic security access in the building?? biometric/access card/pin codes set in place!!
seriously pathetic. i doubt its the same at the rival companies.
seriously pathetic. i doubt its the same at the rival companies.
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@mac.. If they did that there will be less jobs for the boys, that and a lack of foresight.. After all gulf air is a charity foundation taking on the retarded, lame and incompetant.. Lol