Airline

Gulf Air Ownership To Be Transferred To Government

Bahrain Mumtalakat Holding Company, the investment arm of Bahrain, said it will transfer ownership of the kingdom’s national carrier, Gulf Air to the government  A statement released by Mumtalakat on Thursday evening explained that, “Given the strategic importance of Gulf Air to the national economy, the Bahrain government is the suitable owner of the airline.”    

Gulf Air was originally co-owned by Bahrain, Qatar, Oman and Abu Dhabi when it was founded in 1950.  Bahrain became the sole owner in 1970 after a series of national and international developments.  The airline has been in the process of carrying out a new restructuring program under the management of former Royal Jordanian airlines chief executive Sameer Al Majali who became Gulf Air chief executive officer on August 1, 2009.  Gulf Air management and Mumtalakat have been working to return Gulf Air to profitability as it deals with tough competition from state owned airlines in Qatar and the UAE, as well as regional low-cost airlines operating in Bahrain, Kuwait, and the UAE.
 

More Airline
Big jump in international passengers for Saudi Airlines
flydubai will fly to Tashkent from 11 March 2019
New Istanbul airport starts operations
Latest Travel News
Abu Dhabi and Wizz Air announce establis...
Emirates touches down in Mexico City...
Air Arabia named as Middle East and Afr...
Featured Sights To See
South Kensington Museums

South Kensington Museums

London, United Kingdom

The Science Museum was founded along with the Victoria and Albert Museum in the wake of the Great Exhibition and is part of Great Britain’s National Museum of Science and Insustry.  It did not become an independent entity until 1909.  The current building, known as the East Block was constructed between 1913 and 1928. The museum has a collection of more than 300,000 objects, which depict the...

London Eye

London Eye

London, United Kingdom

From its completion in 2000 until 2006, the London Eye was the world’s tallest Ferris wheel. One of several iconic projects built to celebrate the year 2000 (along with the Millennium Dome and the Millenium Bridge), it has become a symbol of London in the twenty-first century. The eye features 32 capsules, each representing one of London’s boroughs and capable of holding up to 25 people. Owing t...

Carre St. Louis

Carre St. Louis

Montreal, Canada

Carre St. Louis is smaller than the other public parks of Montreal, but popular nevertheless. Its small size means it fits in comfortably into the surrounding residential community, with local restaurants and shops just a few minutes’ walk away. The park contains bike paths and beautiful fountains. Perhaps the most striking feature is its use as the set in the popular “Just for Laughs Gags” show –...

Medeu Ice Skating Rink

Medeu Ice Skating Rink

Almaty, Kazakhstan

Medeu Ice Skating Rink Address: Medeu Ice Skating Rink, 15 km southeast of downtown Almaty (30 minutes car drive, 45 minutes by bus) Phone:  + 7 (727) 271 6211 Email: katok@medey.kz Website: http://medey.kz/en/ The city’s iconic Olympic sized skating rink, claimed to be the largest speed-skating rink in the world! The rink, sitting 1700 meters above sea-level, has trained world-cl...