Make MENAFN My Home Page
 
  Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Bahrain's Gulf Air losses down 52 percent in 2013  Join our daily free Newsletter

MENAFN - 21/05/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN) Bahrain's national carrier Gulf Air posted a 52 percent drop in annual losses in 2013, getting closer to the end of a five-year restructuring, according to Arab News.

Gulf Air net losses dropped by over USD265.25 million resulting in its strongest earnings in eigt years.


The company could decrease its losses by retiring aircraft, closing eight routes, reducing staff expenses and renegotiating over 2,000 contracts with suppliers.

The airline said it was targeting a further reduction in losses of about 10 percent this year.

 
 


MENAFN




Loading, Please wait....


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help