Gulf Air Developments
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I can't stop laughing about the comments made in this thread regarding "GF Glory" just because they got a 777 does not mean they are going to stop losing 1 Million $ a day 
get real guys, over 3 years they had more than 3 CEO's and non of them can or will stop GF from loosing money. As my friend said, the only way to get back GF to stop losing money but not profit is downsizing the staff which I agree with. There are far too many thiefs and non experienced people who shouldn't be there. So guys who think getting 4 777's and retiring A340's would get GF back to it's 'glory' are totally wrong. GF glory was only due to the fact there was 6 countries investing and working on the airline now there is only 1.
get real guys, over 3 years they had more than 3 CEO's and non of them can or will stop GF from loosing money. As my friend said, the only way to get back GF to stop losing money but not profit is downsizing the staff which I agree with. There are far too many thiefs and non experienced people who shouldn't be there. So guys who think getting 4 777's and retiring A340's would get GF back to it's 'glory' are totally wrong. GF glory was only due to the fact there was 6 countries investing and working on the airline now there is only 1.
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Radar Contact
Does GF have to be profitable? One can argue that it is a piece of the jigsaw and serves it's part in the future business plans for this nation. Yes, operating 777s will not solve all their problems, however they will certainly enhance the 'product', reduce operating costs, increase dispatch reliability etc. etc.
You seem to question the choice of ULR aircraft for their route network, well, there is far more to the equation than the range of an aircaft for operational success as I am sure you might be aware, an example that comes to mind is the A-330 (200) which has a very long range capability, but which operators use it to it's maximum....very few you will find, however it is an efficient aircraft and a money maker for many. Furthermore the 777 gives the company to opton and flexibility to operate wherever they choose eg. the US if they choose to.
Yes, they are overstaffed, but how much does this really cost the airline, will halving the staff make them profitable, I don't think so, after all they are not paying the wages or salaries that an equivalent EU airline pays for example. I agree that it would go towards saving money, but at what social cost for Bahrain? Do EK or QR make money? EK claims they do, but is this not through clever book keeping and once again Dubai.com....which seems to be going the way of most .coms.
Did Gulf Air ever make money, probably not, however it did serve a useful purpose to it's owners, one which they outlived and finally went their own ways.
Well there you go, my humble opinion and yes, obviously I feel that 777 is a great move and with the future fleet renewals taking place, I wish them all the best in a difficult time.
Chao
Does GF have to be profitable? One can argue that it is a piece of the jigsaw and serves it's part in the future business plans for this nation. Yes, operating 777s will not solve all their problems, however they will certainly enhance the 'product', reduce operating costs, increase dispatch reliability etc. etc.
You seem to question the choice of ULR aircraft for their route network, well, there is far more to the equation than the range of an aircaft for operational success as I am sure you might be aware, an example that comes to mind is the A-330 (200) which has a very long range capability, but which operators use it to it's maximum....very few you will find, however it is an efficient aircraft and a money maker for many. Furthermore the 777 gives the company to opton and flexibility to operate wherever they choose eg. the US if they choose to.
Yes, they are overstaffed, but how much does this really cost the airline, will halving the staff make them profitable, I don't think so, after all they are not paying the wages or salaries that an equivalent EU airline pays for example. I agree that it would go towards saving money, but at what social cost for Bahrain? Do EK or QR make money? EK claims they do, but is this not through clever book keeping and once again Dubai.com....which seems to be going the way of most .coms.
Did Gulf Air ever make money, probably not, however it did serve a useful purpose to it's owners, one which they outlived and finally went their own ways.
Well there you go, my humble opinion and yes, obviously I feel that 777 is a great move and with the future fleet renewals taking place, I wish them all the best in a difficult time.
Chao
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You nooobies, this is deja vu!
I remember back when the tri stars were leaving and GF was betting its future with those shiny new 340s
I also remember when there were four owners and the parade of "owner reps" that came and went.
When the planes are new and shiny, everyone is happy. The s
hits the bucket only when they stop keeping them shiny and clean.
As for GF (or any gulf) airline not having to make a profit, that is utter blls. Nobody wants to lose $1million a day!
The people they hire to run them may be clever enough to disguise the losses for some time, but eventually they become to big to disguise.
I remember back when the tri stars were leaving and GF was betting its future with those shiny new 340s
I also remember when there were four owners and the parade of "owner reps" that came and went.
When the planes are new and shiny, everyone is happy. The s
hits the bucket only when they stop keeping them shiny and clean.As for GF (or any gulf) airline not having to make a profit, that is utter b
lls. Nobody wants to lose $1million a day!The people they hire to run them may be clever enough to disguise the losses for some time, but eventually they become to big to disguise.
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As for GF (or any gulf) airline not having to make a profit, that is utter b
lls. Nobody wants to lose $1million a day!
lls. Nobody wants to lose $1million a day!
ll...Nobody said that losing a million dollars a day is desireable, however this certainly is not caused by overstaffing for one. Secondly, obviously they would all like to make money, however it is also obvious that 'flying the flag' at all costs is important to some, very important.
Yes, every pilot in the world likes to fly 'shiny new aircraft', it sure makes our lives easier...although an old Caravan on floats in the Caribbean is also attractive.
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Attention Che Guevarra
No offense Che but i always see you end most of your posts with "Chao". Shouldn't that be supposed to be "Ciao"? (as in the Italian for "Hello" and "Goodbye")
If that's another foreign word then disregard my concern.
Again, no offense...
If that's another foreign word then disregard my concern.
Again, no offense...
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I tend to be a little more upbeat than the naysayers as is the case with the latest Arabian Business website.
Gulf Air predicts break-even point next year - Transportation - ArabianBusiness.com
and
Aviation expert predicts bright future for ME airlines - Transportation - ArabianBusiness.com
With the latter story, GF is probably better positioned from a business point of view because of the latest upgrading of her fleet and future development plans and routes and her smaller comparative size, unlike the behemoth that is becoming of the neighbour's airlines.
The global downturn may actually suit GF's circumstance.
Gulf Air predicts break-even point next year - Transportation - ArabianBusiness.com
and
Aviation expert predicts bright future for ME airlines - Transportation - ArabianBusiness.com
With the latter story, GF is probably better positioned from a business point of view because of the latest upgrading of her fleet and future development plans and routes and her smaller comparative size, unlike the behemoth that is becoming of the neighbour's airlines.
The global downturn may actually suit GF's circumstance.
Last edited by Sal-e; 4th Mar 2009 at 13:08.
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Well, no 777 but GF will soon receive the following A320 not taken up by a chinese airline:
Photo Gulf Air Airbus A320-214 A9C-AA
regards Stefan
Photo Gulf Air Airbus A320-214 A9C-AA
regards Stefan
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Attention repapips
No offense taken amigo...you know you are right the word does come from Italian, however it has been integrated into several languages with their own spelling, Spanish being just one of the many.
Hasta luego
Hasta luego
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Lets try again Mr. bll...
Nobody said that losing a million dollars a day is desireable, however this certainly is not caused by overstaffing for one. Secondly, obviously they would all like to make money, however it is also obvious that 'flying the flag' at all costs is important to some, very important.
ll...Nobody said that losing a million dollars a day is desireable, however this certainly is not caused by overstaffing for one. Secondly, obviously they would all like to make money, however it is also obvious that 'flying the flag' at all costs is important to some, very important.
Do you have any idea where that money comes from? And just exactly how much is there?
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Bahrain-based Gulf Air is poised to break even next year despite the financial downturn as regional air traffic continues to grow, a senior executive said.
"The industry is challenged and most airlines will take a beating but this region is growing in passengers and revenues. Gulf Air will definitely break even by 2010," Siah Joo Tan, director of corporate development said.
"All indicators are showing towards that, even the 2008 financials show a record year," he told Reuters on the sidelines of an aviation summit, declining to give specific figures as results have not been officially announced.
CEO Bjorn Naf told Reuters in November that the Bahrain state-owned carrier would return to profitability by 2010, as a massive turnaround programme it is undergoing starts to pay off.
The loss-making carrier cut its network and jobs in 2007 and started to renew its fleet, after announcing losses of more than $1 million a day.
"It is difficult to forecast this year just now but Gulf Air has set aggressive targets and with regional traffic growing, we are confident of equalling last year's numbers," Tan said.
The airline, which flies to 30 countries and has a fleet of 29 aircraft, has wet-leased four Boeing 777 planes from India's Jet Airways.
The first of the four will be delivered this week and the remaining after every two months, he said.
"Leasing planes is a short-term measure to replace ageing aircraft until we get our new planes," said Tan.
The carrier has 59 planes on order as it partially renews its existing fleet of 27 planes and plans to add three planes and three destinations each year until 2013. -Reuters
Trade Arabia - Middle East business information | Trade news portal
"The industry is challenged and most airlines will take a beating but this region is growing in passengers and revenues. Gulf Air will definitely break even by 2010," Siah Joo Tan, director of corporate development said.
"All indicators are showing towards that, even the 2008 financials show a record year," he told Reuters on the sidelines of an aviation summit, declining to give specific figures as results have not been officially announced.
CEO Bjorn Naf told Reuters in November that the Bahrain state-owned carrier would return to profitability by 2010, as a massive turnaround programme it is undergoing starts to pay off.
The loss-making carrier cut its network and jobs in 2007 and started to renew its fleet, after announcing losses of more than $1 million a day.
"It is difficult to forecast this year just now but Gulf Air has set aggressive targets and with regional traffic growing, we are confident of equalling last year's numbers," Tan said.
The airline, which flies to 30 countries and has a fleet of 29 aircraft, has wet-leased four Boeing 777 planes from India's Jet Airways.
The first of the four will be delivered this week and the remaining after every two months, he said.
"Leasing planes is a short-term measure to replace ageing aircraft until we get our new planes," said Tan.
The carrier has 59 planes on order as it partially renews its existing fleet of 27 planes and plans to add three planes and three destinations each year until 2013. -Reuters
Trade Arabia - Middle East business information | Trade news portal
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Desert Diner
Do you have any idea where that money comes from? And just exactly how much is there?
Are we talking about GF here or the other Gulf Airlines? If it is GF then please let us know your thoughts, in particular how much is there?
Incidentally, I was not referring to GF when I mentioned flying the flag etc.
Chao
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Gulf Air to have 88 aircraft by 2016
Just saw this highlight at the airliners.net but the content is only accessible for first class members of that forum.
Can anyone here access that information?
Can anyone here access that information?
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As usual, leave it to the press to misinterpret the facts. The article mentioned that GF has ordered 59 aircraft and I assume they added those to the current 29 even though those order above will completely replace all the current aircraft in the fleet.
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Low tide
If you want the e-mail address of Human resources in gulf air, I don’t have it, if you want the e-mail address for human remains however , it is [email protected]
If you want the e-mail address of Human resources in gulf air, I don’t have it, if you want the e-mail address for human remains however , it is [email protected]