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Gulf Air Developments

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Gulf Air Developments

Old 11th Oct 2012, 20:41
  #4401 (permalink)  
 
Join Date: May 2010
Location: Middle East
Posts: 47
Some of the routes operated by Gulf Air might be interesting for one of our neighbours.

However nobody is going to touch this debt ridden sick to the core company in a take over bid. The only part of Gulf Air that is interesting for the competition are the slots and maybe some of the crew.

The whole pink palace would be obsolete overnight as any airline interested can run all those operations from their own HQ, plus they don't want to inherit Robin Hood and his merrymen that are still hiding in the woods there. Obviously a precondition for sale from the Bahrain government would be to keep the pink palace opened with all its employees. Therefore don't get your hopes up. NOBODY will touch this airline in its current form, unfortunately.

Force

Last edited by AeroForce; 12th Oct 2012 at 08:35.
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Old 12th Oct 2012, 11:55
  #4402 (permalink)  
 
Join Date: Sep 2007
Location: oman
Posts: 182
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
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Old 12th Oct 2012, 15:56
  #4403 (permalink)  
 
Join Date: Mar 2007
Location: Havana
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Some of the routes operated by Gulf Air might be interesting for one of our neighbours
Hmm, those would be Kabul and Sanna would they not?
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Old 12th Oct 2012, 17:00
  #4404 (permalink)  
 
Join Date: Jun 2001
Location: Surrounded by aluminum, and the great outdoors
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Two "garden spot" destinations..
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Old 12th Oct 2012, 20:00
  #4405 (permalink)  
 
Join Date: Aug 2007
Location: way down south
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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.
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Old 12th Oct 2012, 20:02
  #4406 (permalink)  
 
Join Date: Aug 2007
Location: way down south
Posts: 339
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.
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Old 12th Oct 2012, 20:31
  #4407 (permalink)  
 
Join Date: Nov 1999
Location: "como todo buen piloto... mujeriego y borracho"
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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.
51% may have been undoable for numerous reasons, including that it would have affected the "nationality" of the airline and its eligibility to take advantage of the bilateral agreements between Bahrain and other states. It may have sealed Gulf Air's fate to being a GCC regional airline.

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 Oct 2012 at 20:32.
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Old 13th Oct 2012, 16:38
  #4408 (permalink)  
 
Join Date: Sep 2007
Location: oman
Posts: 182
Read an article today, says mumtalakat is looking for a way to get rid of GF future aircraft order
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Old 13th Oct 2012, 17:47
  #4409 (permalink)  
 
Join Date: Sep 2011
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Posts: 46
Downsizing to a fleet of 20 will mean only maybe 2 or 3 a330s will be left.
I sense lots of guys(even bahrainis) resigning if they were put back on the 320.
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Old 13th Oct 2012, 19:59
  #4410 (permalink)  
 
Join Date: Mar 2007
Location: Havana
Posts: 600
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
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Old 13th Oct 2012, 20:14
  #4411 (permalink)  
 
Join Date: Sep 2007
Location: oman
Posts: 182
The consultants and comittee hav a different agenda.. But lets not go down that road
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Old 14th Oct 2012, 02:01
  #4412 (permalink)  
 
Join Date: Apr 2009
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Gulf air's core problem does not lie in whether to expand or downsize. It's all about the widespread corruption. Nothing will ever work in this environment without curing the roots.
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Old 14th Oct 2012, 07:28
  #4413 (permalink)  
 
Join Date: Aug 2007
Location: way down south
Posts: 339
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.
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Old 14th Oct 2012, 12:11
  #4414 (permalink)  
 
Join Date: Sep 2007
Location: oman
Posts: 182
HQ needs a wee bit of pruning
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Old 14th Oct 2012, 14:04
  #4415 (permalink)  
 
Join Date: Jul 2006
Location: Sand Pitt
Posts: 114
I understand that a meeting took place today to decide our future?
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Old 14th Oct 2012, 16:53
  #4416 (permalink)  
 
Join Date: Sep 2009
Location: bahrain
Age: 31
Posts: 354
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
Well said
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.
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Old 14th Oct 2012, 18:40
  #4417 (permalink)  
 
Join Date: Sep 2007
Location: oman
Posts: 182
Am told that therz about 450 managers in HQ... Thats almost as many pilots we got on the line..
Can i plz hav one to manage me errands then.. Plzzzzzzzzzzz.
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Old 15th Oct 2012, 07:25
  #4418 (permalink)  
 
Join Date: Jun 2004
Location: bahrain
Posts: 6
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,
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Old 15th Oct 2012, 09:20
  #4419 (permalink)  
 
Join Date: Dec 2009
Location: cyprus
Posts: 68
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
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Old 15th Oct 2012, 11:27
  #4420 (permalink)  
 
Join Date: Aug 2009
Location: Planet Earth
Posts: 34
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.
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