Gulf Air Developments
Joined: Sep 2007
Posts: 182
Likes: 0
From: oman
That was quick.. In today's arabic rag,'the king passes a decree to grant GF the 185 million dinars to restructure'
Did'nt mention what the'restructuring' entitled, also a decree was passed to reshuffle the ministry of transport
Did'nt mention what the'restructuring' entitled, also a decree was passed to reshuffle the ministry of transport
Joined: Aug 2007
Posts: 339
Likes: 0
From: way down south
A few months back a certain Sheikh from AUH had numerous meetings regarding buying into GF but his stipulation was that he wanted 51% & therefore no government corruption. His offer was quickly refused.
Joined: Aug 2007
Posts: 339
Likes: 0
From: way down south
So with 50% in staff levels I take it 50% of the deat beat Directors & Senior management will be axed as well?
Yeah, just dreaming. If anthing the numbers of dead beats will increase as the funds flow in. Just another day in GF.
Yeah, just dreaming. If anthing the numbers of dead beats will increase as the funds flow in. Just another day in GF.
Joined: Nov 1999
Posts: 2,015
Likes: 0
From: "como todo buen piloto... mujeriego y borracho"
A few months back a certain Sheikh from AUH had numerous meetings regarding buying into GF but his stipulation was that he wanted 51% & therefore no government corruption. His offer was quickly refused.
Besides, a certain Sheikh from AUH in Gulf Air's past had a corrupting influence in the airline too, from the wild stories that I've heard.
Last edited by Panama Jack; 12th October 2012 at 20:32.
Joined: Mar 2007
Posts: 600
Likes: 0
From: Havana
Interesting letter to the GDN today:
Expand ... don't shrink
**Posted on » Saturday, October 13, 2012
The article in the newspaper regarding Gulf Air down-sizing was very painful to read. Unfortunately, members of the government and parliament do not understand the nature of the airline business.
Reducing the fleet and destinations to half it's current size could never hit 2.2 million passengers in your wildest dreams. This shows how flawed the thinking of the consultants who worked on this proposal are.
If you do your research, you will find no airline in the world has taken a decision to down-size and stay with that strategy because it does not work.
Currently, Gulf Air is losing market share despite growing in the region due to airlines increasing their capacity and flights into Bahrain. If you do not continue to grow, even at a modest pace, you will be left behind.
The reason airlines like Etihad and Emirates are able to make money is because they are expanding, not shrinking. Operating larger aircraft is always more economical per seat than the small aircraft Gulf Air is using. Adding more and more destinations that connect to each other makes it easy to fill the flights.
Unfortunately, the reverse is also true and down-sizing means the exact opposite will happen. The 20 aircraft scenario simply will not work and will eventually lose as much as the company is losing now. It is sad that Mumtalakat continues to listen to the same consulting company which already proposed the current Gulf Air strategy three years ago that has proved unsuccessful. A J
**Posted on » Saturday, October 13, 2012
The article in the newspaper regarding Gulf Air down-sizing was very painful to read. Unfortunately, members of the government and parliament do not understand the nature of the airline business.
Reducing the fleet and destinations to half it's current size could never hit 2.2 million passengers in your wildest dreams. This shows how flawed the thinking of the consultants who worked on this proposal are.
If you do your research, you will find no airline in the world has taken a decision to down-size and stay with that strategy because it does not work.
Currently, Gulf Air is losing market share despite growing in the region due to airlines increasing their capacity and flights into Bahrain. If you do not continue to grow, even at a modest pace, you will be left behind.
The reason airlines like Etihad and Emirates are able to make money is because they are expanding, not shrinking. Operating larger aircraft is always more economical per seat than the small aircraft Gulf Air is using. Adding more and more destinations that connect to each other makes it easy to fill the flights.
Unfortunately, the reverse is also true and down-sizing means the exact opposite will happen. The 20 aircraft scenario simply will not work and will eventually lose as much as the company is losing now. It is sad that Mumtalakat continues to listen to the same consulting company which already proposed the current Gulf Air strategy three years ago that has proved unsuccessful. A J
Joined: Aug 2007
Posts: 339
Likes: 0
From: way down south
WELCO, exactly & Gulf Air should start by taking a long hard look at what we are being charged for by BAS & those that are complicit from within that are helping hide this massive theft committed on a daily basis. All our partner companies, like BAS, continue to rape GF with the full knowledge of those with the power the stop this but as usual they probably have their fingers in the pie as well so back to square 1. It needs the total removal of ALL Chiefs, Directors, Senior Managers, etc then the corruption can be addressed. Until then nothing will change.
Joined: Sep 2009
Posts: 353
Likes: 0
From: bahrain
Interesting letter to the GDN today:
Quote:
Expand ... don't shrink
**Posted on » Saturday, October 13, 2012
The article in the newspaper regarding Gulf Air down-sizing was very painful to read. Unfortunately, members of the government and parliament do not understand the nature of the airline business.
Reducing the fleet and destinations to half it's current size could never hit 2.2 million passengers in your wildest dreams. This shows how flawed the thinking of the consultants who worked on this proposal are.
If you do your research, you will find no airline in the world has taken a decision to down-size and stay with that strategy because it does not work.
Currently, Gulf Air is losing market share despite growing in the region due to airlines increasing their capacity and flights into Bahrain. If you do not continue to grow, even at a modest pace, you will be left behind.
The reason airlines like Etihad and Emirates are able to make money is because they are expanding, not shrinking. Operating larger aircraft is always more economical per seat than the small aircraft Gulf Air is using. Adding more and more destinations that connect to each other makes it easy to fill the flights.
Unfortunately, the reverse is also true and down-sizing means the exact opposite will happen. The 20 aircraft scenario simply will not work and will eventually lose as much as the company is losing now. It is sad that Mumtalakat continues to listen to the same consulting company which already proposed the current Gulf Air strategy three years ago that has proved unsuccessful. A J
Quote:
Expand ... don't shrink
**Posted on » Saturday, October 13, 2012
The article in the newspaper regarding Gulf Air down-sizing was very painful to read. Unfortunately, members of the government and parliament do not understand the nature of the airline business.
Reducing the fleet and destinations to half it's current size could never hit 2.2 million passengers in your wildest dreams. This shows how flawed the thinking of the consultants who worked on this proposal are.
If you do your research, you will find no airline in the world has taken a decision to down-size and stay with that strategy because it does not work.
Currently, Gulf Air is losing market share despite growing in the region due to airlines increasing their capacity and flights into Bahrain. If you do not continue to grow, even at a modest pace, you will be left behind.
The reason airlines like Etihad and Emirates are able to make money is because they are expanding, not shrinking. Operating larger aircraft is always more economical per seat than the small aircraft Gulf Air is using. Adding more and more destinations that connect to each other makes it easy to fill the flights.
Unfortunately, the reverse is also true and down-sizing means the exact opposite will happen. The 20 aircraft scenario simply will not work and will eventually lose as much as the company is losing now. It is sad that Mumtalakat continues to listen to the same consulting company which already proposed the current Gulf Air strategy three years ago that has proved unsuccessful. A J
It would have been better if this letter was delivered to the right people though as GDN is just a pit of propaganda that loves to bash GF whenever possible.
I hope this downsizing doesn't take place otherwise the 185 million bds will ultimately come to naught.
Joined: Jun 2004
Posts: 6
Likes: 0
From: bahrain
Hi,
Journalist here from the GDN.
We are trying to speak to staff about the latest developments at the airline.
If anyone would like to speak to us you can message me your contact information and we will get in touch.
We have no intention of bashing Gulf Air, as someone has alluded to earlier in this thread, but are keen to keep people up to date with developments at our national carrier and speak to those who could be affected by any downsizing.
Best regards,
Journalist here from the GDN.
We are trying to speak to staff about the latest developments at the airline.
If anyone would like to speak to us you can message me your contact information and we will get in touch.
We have no intention of bashing Gulf Air, as someone has alluded to earlier in this thread, but are keen to keep people up to date with developments at our national carrier and speak to those who could be affected by any downsizing.
Best regards,
Joined: Dec 2009
Posts: 68
Likes: 0
From: cyprus
Dr Gonzo,
The best guys to talk to is our 2 managers,unfortunately they are very busy wright now in cyprus water, fishing, sun turning, bbq ing G stringing drumming on the beach you name it , the names are R corbett and his asisstance by the name of Godmac sure they will be very happy to help with any question you may have regarding, BTW call them after happy hour otherwise you wont get line as too busy cheering around. so good luck and they would love to speak to GDN
The best guys to talk to is our 2 managers,unfortunately they are very busy wright now in cyprus water, fishing, sun turning, bbq ing G stringing drumming on the beach you name it , the names are R corbett and his asisstance by the name of Godmac sure they will be very happy to help with any question you may have regarding, BTW call them after happy hour otherwise you wont get line as too busy cheering around. so good luck and they would love to speak to GDN
Joined: Aug 2009
Posts: 34
Likes: 0
From: Planet Earth
Shame to "whom it may concern"
2nd time within 7 months GF is dumping successful interview pilots with starting date 1st of Nov. Bare in mind that the previous group of pilots quit their jobs to come to GF were NEVER HIRED BACK from their companies.
I suggest for those who are looking for a job AVOID GF by all means.
I suggest for those who are looking for a job AVOID GF by all means.
