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Airline Finance News - Africa / Middle East.


Apr 16, 2007

Gulf Air

Gulf Air continued its restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics).  under new CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Andre An·dré   , John 1751-1780.

British army officer hanged as a spy in the American Revolution for conspiring with Benedict Arnold.
 Dose , announcing approval this week of a plan "aimed at significantly reducing company losses over the next few years." Details will be revealed next week, but the carrier said the plan does include a fleet reduction from 34 to 28 aircraft. Dose said the restructuring includes "cost-cutting across the entire company, streamlining the structure of the organization and making network operations more efficient." He said Gulf's investors--the governments of Bahrain Bahrain or Bahrein (both: bärān`, bə–), officially Kingdom of Bahrain, constitutional monarchy and archipelago (2005 est. pop. 688,300), 266 sq mi (689 sq km), in the Persian Gulf.  and Oman--have approved a capital injection to cover past costs, fund the restructuring and invest in "future operational improvements." Apr 11, 2007

Turkish Airlines

Turkish Airlines full-year profit up 31% Turkish Airlines on Friday released select English-language financial results for 2006, reporting a $132 million net profit that represented a 31.4% increase over the prior year's net earnings of TRY138.2 million ($100.5 million).ing through Europe, especially those involving Iberia and Alitalia, but that it will err on the side of caution regarding its own involvement Apr 9, 2007

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Apr 9, 2007
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Comment:Airline Finance News - Africa / Middle East.
Publication:Airguide Online
Date:Apr 16, 2007
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