Gulf Air News Stories
April 29, 2013
Bahrain sovereign fund Mumtalakat said on Monday that it has no plans to sell stakes in domestic companies and could even increase its investments – but not in Gulf Air.
December 31, 2012
Foreign airlines may need about three to six months to obtain operating licenses letting them enter Saudi Arabia's domestic aviation market, a spokesman for the General Authority for Civil Aviation (GACA) said.
December 28, 2012
Saudi Arabia's General Authority for Civil Aviation has awarded carrier licenses to Gulf Air and Qatar Airways, the Saudi state news agency reported on Friday, the first foreign airlines to win such a license in the kingdom.
November 28, 2012
Saudi Arabia's General Authority for Civil Aviation (GACA) has postponed awarding a new carrier license until the end of this year as it needs more time to evaluate the bids, it said in a statement on Wednesday.
November 12, 2012
Gulf Air, Bahrain's struggling national carrier, has cut its order for Boeing's 787 Dreamliner and also revised a deal with Airbus, as it restructures its fleet to cope with a tough market.
October 16, 2012
Gulf Air says it has been unable to resume flights to Iran because the Iranian civil aviation authority has been slow to approve flight schedules, the official Bahrain News Agency said on Tuesday.
August 28, 2012
Bahrain's national carrier Gulf Air, struggling to recover from the effects of local political unrest, achieved a 6 percent rise in revenue in the six months to June on the back of an increase in passenger numbers.
July 23, 2012
Qatar Airways, Bahrain Air and Gulf Air are among the firms in pre-qualified consortia bidding for a new airline license in Saudi Arabia, an official from the General Authority for Civil Aviation said.
March 15, 2012
Two Bahraini government ministers have called on the kingdom's government to inject BHD664 million dinar (USD$1.76 billion) into struggling national carrier Gulf Air to help it overcome challenges.
February 21, 2012
Bahrain's cash-strapped national airline Gulf Air, which is seeking government funds to continue operations, said the Omani government owes the carrier BHD117 million dinars.
February 13, 2012
Bahrain's national carrier Gulf Air has secured a USD$80 million loan from a unit of Dubai's Mashreq Bank to help the ailing airline meet its working capital requirements.
January 25, 2012
Bahrain's struggling national carrier Gulf Air, hit by falling passenger numbers as anti-government protests continue in the tiny island kingdom, will shrink operations and seek cash from government funds, its chief executive said on Wednesday.