A US$494 million rescue package has been approved by the Bahrain government for struggling Gulf Air.
According to a report in ATW, the conditions imposed on the airline may include substantial down-sizing to focus on regional services, in the process reducing the airline’s international flying program to only Paris and London. Fleet size may be reduced from the current 39 aircraft to 20, with potentially impacts on Gulf’s orders for 20 Airbus A330s and 16 Boeing 787s.
Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.